PPP Loan information for Modern roads llc

$97,818

Modern roads llc was initially approved for PPP Loan of amount $97,818, the current approved amount is $97,818. The loan was approved on 04/11/2021 by The United Fidelity Bank, FSB reported 8 jobs and $97,818 was used to fund payroll.

Modern roads llc is Existing or more than 2 years old

MODERN ROADS LLC

Date Approved

04/11/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MODERN ROADS LLC

Borrower Address

2120 Company St

Borrower City

Christiansted

Borrower State

VI

Borrower Zip

00820-4945

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97818.00

Current Approval Amount

97818.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82068

Servicing Lender Name

United Fidelity Bank, FSB

Servicing Lender Address

18 NW Fourth St

Servicing Lender City

Evansville

Servicing Lender State

IN

Servicing Lender Zip

47708-1778

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Christiansted

Project County Name

SAINT CROIX

Project State

VI

Project Zip

00820-4945

CD

VI-

Jobs Reported

8

NAICS Code

448310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

97812.00

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

82068

Originating Lender

United Fidelity Bank, FSB

Originating Lender City

Evansville

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98081.57

Forgiveness Date

07/21/2021

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