PPP Loan information for Modern vending service

$295,740

Modern vending service was initially approved for PPP Loan of amount $295,740, the current approved amount is $295,740. The loan was approved on 02/18/2021 by The The Huntington National Bank reported 25 jobs and $295,740 was used to fund payroll.

Modern vending service is Existing or more than 2 years old

MODERN VENDING SERVICE

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MODERN VENDING SERVICE

Borrower Address

2810 Elliott Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-4635

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

295740.00

Current Approval Amount

295740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-4635

CD

MI-11

Jobs Reported

25

NAICS Code

454210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

295737.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

297319.98

Forgiveness Date

09/07/2021

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