PPP Loan information for Modern parts inc

$84,602

Modern parts inc was initially approved for PPP Loan of amount $84,602, the current approved amount is $84,602. The loan was approved on 04/07/2020 by The CS Bank reported 13 jobs and $84,602 was used to fund payroll.

Modern parts inc is Existing or more than 2 years old

MODERN PARTS INC

Date Approved

04/07/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

MODERN PARTS INC

Borrower Address

212 E CRANDALL AVE

Borrower City

HARRISON

Borrower State

AR

Borrower Zip

72601-3607

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84602.00

Current Approval Amount

84602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4277

Servicing Lender Name

CS Bank

Servicing Lender Address

152 E Van Buren

Servicing Lender City

EUREKA SPRINGS

Servicing Lender State

AR

Servicing Lender Zip

72632-8800

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARRISON

Project County Name

BOONE

Project State

AR

Project Zip

72601-3607

CD

AR-01

Jobs Reported

13

NAICS Code

336390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10575.25

Payroll Proceed

63451.50

Mortgage Interest Proceed

0.00

Rent Proceed

10575.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4277

Originating Lender

CS Bank

Originating Lender City

EUREKA SPRINGS

Originating Lender State

AR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85086.43

Forgiveness Date

11/12/2020

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