Date Approved
02/14/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MODERNISTIC INC
Borrower Address
1987 Industrial Blvd S
Borrower City
Stillwater
Borrower State
MN
Borrower Zip
55082-6049
Loan Status Date
11/13/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1509876.20
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
446001
Servicing Lender Name
Platinum Bank
Servicing Lender Address
7667 10th St N
Servicing Lender City
OAKDALE
Servicing Lender State
Servicing Lender Zip
55128-5339
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MN-04
Jobs Reported
111
NAICS Code
323113
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1509873.20
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1520135.08
Forgiveness Date
10/26/2021