PPP Loan information for Modern investments inc.

$11,915

Modern investments inc. was initially approved for PPP Loan of amount $11,915, the current approved amount is $11,915. The loan was approved on 02/25/2021 by The Utah First FCU reported 4 jobs and $11,915 was used to fund payroll.

Modern investments inc. is Existing or more than 2 years old

PPP Loan Search / UT / Bountiful / Modern investments inc.

MODERN INVESTMENTS INC.

Date Approved

02/25/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MODERN INVESTMENTS INC.

Borrower Address

158 S 1225 E

Borrower City

Bountiful

Borrower State

UT

Borrower Zip

84010-1823

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11915.00

Current Approval Amount

11915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106970

Servicing Lender Name

Utah First FCU

Servicing Lender Address

200 E South Temple

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-1348

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bountiful

Project County Name

DAVIS

Project State

UT

Project Zip

84010-1823

CD

UT-02

Jobs Reported

4

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11908.00

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

Subchapter S Corporation

Originating Lender Location Id

106970

Originating Lender

Utah First FCU

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12000.53

Forgiveness Date

11/16/2021

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