PPP Loan information for Modern times drinks inc.

$2,000,000

Modern times drinks inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/11/2021 by The Live Oak Banking Company reported 298 jobs and $2,000,000 was used to fund payroll.

Modern times drinks inc. is Existing or more than 2 years old

MODERN TIMES DRINKS INC.

Date Approved

02/11/2021

SBA Office Code

0954

Processing Method

PPS

Borrower Name

MODERN TIMES DRINKS INC.

Borrower Address

3725 Greenwood St

Borrower City

San Diego

Borrower State

CA

Borrower Zip

92110-4441

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Diego

Project County Name

SAN DIEGO

Project State

CA

Project Zip

92110-4441

CD

CA-50

Jobs Reported

298

NAICS Code

312120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023287.67

Forgiveness Date

04/14/2022

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