PPP Loan information for Modern transportation inc.

$102,486

Modern transportation inc. was initially approved for PPP Loan of amount $102,486, the current approved amount is $102,486. The loan was approved on 01/30/2021 by The Hanover Community Bank reported 4 jobs and $102,486 was used to fund payroll.

Modern transportation inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Edison / Modern transportation inc.

MODERN TRANSPORTATION INC.

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODERN TRANSPORTATION INC.

Borrower Address

24 Montview Rd

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08837-2742

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102485.85

Current Approval Amount

102485.85

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edison

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08837-2742

CD

NJ-06

Jobs Reported

4

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102482.85

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103146.31

Forgiveness Date

09/24/2021

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