PPP Loan information for Modern lumber co., inc.

$21,900

Modern lumber co., inc. was initially approved for PPP Loan of amount $21,900, the current approved amount is $21,900. The loan was approved on 04/29/2020 by The Hometown Bank reported 4 jobs and $21,900 was used to fund payroll.

Modern lumber co., inc. is Existing or more than 2 years old

MODERN LUMBER CO., INC.

Date Approved

04/29/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MODERN LUMBER CO., INC.

Borrower Address

72 Canal Street

Borrower City

Putnam

Borrower State

CT

Borrower Zip

06260

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21900.00

Current Approval Amount

21900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Putnam

Project County Name

WINDHAM

Project State

CT

Project Zip

06260-0001

CD

CT-02

Jobs Reported

4

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21900.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22037.40

Forgiveness Date

12/16/2020

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