PPP Loan information for Modular arts inc.

$359,312

Modular arts inc. was initially approved for PPP Loan of amount $359,312, the current approved amount is $359,312. The loan was approved on 04/02/2021 by The U.S. Bank, National Association reported 22 jobs and $359,312 was used to fund payroll.

Modular arts inc. is Existing or more than 2 years old

MODULAR ARTS INC.

Date Approved

04/02/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

MODULAR ARTS INC.

Borrower Address

8207 S 192nd St

Borrower City

Kent

Borrower State

WA

Borrower Zip

98032-1129

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

359312.00

Current Approval Amount

359312.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

KING

Project State

WA

Project Zip

98032-1129

CD

WA-09

Jobs Reported

22

NAICS Code

327420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

359312.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

360978.81

Forgiveness Date

09/23/2021

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