PPP Loan information for Modern innovations technology

$10,800

Modern innovations technology was initially approved for PPP Loan of amount $10,800, the current approved amount is $10,800. The loan was approved on 05/06/2020 by The Citizens Bank, National Association reported 1 jobs and $10,800 was used to fund payroll.

Modern innovations technology is Existing or more than 2 years old

MODERN INNOVATIONS TECHNOLOGY

Date Approved

05/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MODERN INNOVATIONS TECHNOLOGY

Borrower Address

101 Brick Kiln Road. 5

Borrower City

Chelmsford

Borrower State

MA

Borrower Zip

01824

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10800.00

Current Approval Amount

10800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chelmsford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01824-0001

CD

MA-03

Jobs Reported

1

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10800.00

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

Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10869.83

Forgiveness Date

12/31/2020

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