PPP Loan information for Modica bros ltd

$976,000

Modica bros ltd was initially approved for PPP Loan of amount $1,020,800, the current approved amount is $976,000. The loan was approved on 04/15/2020 by The Capital One, National Association reported 95 jobs and $976,000 was used to fund payroll.

Modica bros ltd is Existing or more than 2 years old

MODICA BROS LTD

Date Approved

04/15/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

MODICA BROS LTD

Borrower Address

3615 WASHINGTON BLVD

Borrower City

BEAUMONT

Borrower State

TX

Borrower Zip

77705-1135

Loan Status Date

05/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1020800.00

Current Approval Amount

976000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEAUMONT

Project County Name

JEFFERSON

Project State

TX

Project Zip

77705-1135

CD

TX-14

Jobs Reported

95

NAICS Code

441320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

976000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

983347.11

Forgiveness Date

01/20/2021

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