PPP Loan information for Modern imports llc

$3,000,000

Modern imports llc was initially approved for PPP Loan of amount $3,000,000, the current approved amount is $3,000,000. The loan was approved on 04/07/2020 by The PNC Bank, National Association reported 246 jobs and $3,000,000 was used to fund payroll.

Modern imports llc is Existing or more than 2 years old

MODERN IMPORTS LLC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MODERN IMPORTS LLC

Borrower Address

3178 PETERS CREEK PKWY

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27127-4755

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000000.00

Current Approval Amount

3000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27127-4755

CD

NC-05

Jobs Reported

246

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3043166.67

Forgiveness Date

09/16/2021

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