PPP Loan information for Modern way immobilizers inc

$83,455

Modern way immobilizers inc was initially approved for PPP Loan of amount $83,455, the current approved amount is $83,455. The loan was approved on 02/26/2021 by The Peoples Bank reported 15 jobs and $83,455 was used to fund payroll.

Modern way immobilizers inc is Existing or more than 2 years old

MODERN WAY IMMOBILIZERS INC

Date Approved

02/26/2021

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MODERN WAY IMMOBILIZERS INC

Borrower Address

104 Johnson St

Borrower City

Clifton

Borrower State

TN

Borrower Zip

38425-5586

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83455.10

Current Approval Amount

83455.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66877

Servicing Lender Name

Peoples Bank

Servicing Lender Address

129 Main St

Servicing Lender City

CLIFTON

Servicing Lender State

TN

Servicing Lender Zip

38425-5545

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

WAYNE

Project State

TN

Project Zip

38425-5586

CD

TN-07

Jobs Reported

15

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

83453.10

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

66877

Originating Lender

Peoples Bank

Originating Lender City

CLIFTON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83827.79

Forgiveness Date

08/13/2021

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