PPP Loan information for Modern turf, inc

$559,300

Modern turf, inc was initially approved for PPP Loan of amount $559,300, the current approved amount is $559,300. The loan was approved on 04/04/2020 by The First Palmetto Bank reported 57 jobs and $559,300 was used to fund payroll.

Modern turf, inc is Existing or more than 2 years old

MODERN TURF, INC

Date Approved

04/04/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MODERN TURF, INC

Borrower Address

8840 Camden Highway

Borrower City

REMBERT

Borrower State

SC

Borrower Zip

29128

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

559300.00

Current Approval Amount

559300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REMBERT

Project County Name

SUMTER

Project State

SC

Project Zip

29128-0001

CD

SC-05

Jobs Reported

57

NAICS Code

111421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

520000.00

Mortgage Interest Proceed

19300.00

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

564597.81

Forgiveness Date

03/17/2021

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