PPP Loan information for Modular resources inc.

$140,300

Modular resources inc. was initially approved for PPP Loan of amount $140,350, the current approved amount is $140,300. The loan was approved on 04/13/2020 by The First Farmers and Merchants Bank reported 14 jobs and $140,300 was used to fund payroll.

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

PPP Loan Search / TN / LORETTO / Modular resources inc.

MODULAR RESOURCES INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MODULAR RESOURCES INC.

Borrower Address

878 N. Main Street

Borrower City

LORETTO

Borrower State

TN

Borrower Zip

38469-2354

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140350.00

Current Approval Amount

140300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66879

Servicing Lender Name

First Farmers and Merchants Bank

Servicing Lender Address

816 S Garden St

Servicing Lender City

Columbia

Servicing Lender State

TN

Servicing Lender Zip

38401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LORETTO

Project County Name

LAWRENCE

Project State

TN

Project Zip

38469-2354

CD

TN-07

Jobs Reported

14

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

140300.00

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

66879

Originating Lender

First Farmers and Merchants Bank

Originating Lender City

Columbia

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141309.38

Forgiveness Date

01/07/2021

;