PPP Loan information for Modern sound engineering inc

$41,100

Modern sound engineering inc was initially approved for PPP Loan of amount $41,100, the current approved amount is $41,100. The loan was approved on 04/28/2020 by The First State Bank reported 5 jobs and $41,100 was used to fund payroll.

Modern sound engineering inc is Existing or more than 2 years old

PPP Loan Search / IA / FORT DODGE / Modern sound engineering inc

MODERN SOUND ENGINEERING INC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MODERN SOUND ENGINEERING INC

Borrower Address

1103 3RD AVE NW

Borrower City

FORT DODGE

Borrower State

IA

Borrower Zip

50501-2219

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41100.00

Current Approval Amount

41100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT DODGE

Project County Name

WEBSTER

Project State

IA

Project Zip

50501-2219

CD

IA-04

Jobs Reported

5

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41100.00

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

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41572.93

Forgiveness Date

06/30/2021

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