PPP Loan information for Modu form, inc.

$545,955

Modu form, inc. was initially approved for PPP Loan of amount $545,955, the current approved amount is $545,955. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 49 jobs and $545,955 was used to fund payroll.

Modu form, inc. is New Business or 2 years or less

MODU FORM, INC.

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MODU FORM, INC.

Borrower Address

172 Industrial Rd

Borrower City

Fitchburg

Borrower State

MA

Borrower Zip

01420

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

545955.00

Current Approval Amount

545955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Fitchburg

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-0001

CD

MA-03

Jobs Reported

49

NAICS Code

337122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

545955.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

549754.25

Forgiveness Date

01/14/2021

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