PPP Loan information for Modus direct llc

$255,700

Modus direct llc was initially approved for PPP Loan of amount $255,700, the current approved amount is $255,700. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 16 jobs and $255,700 was used to fund payroll.

Modus direct llc is Existing or more than 2 years old

MODUS DIRECT LLC

Date Approved

04/16/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MODUS DIRECT LLC

Borrower Address

1343 MAIN ST

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34236

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255700.00

Current Approval Amount

255700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34236-0001

CD

FL-17

Jobs Reported

16

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

255700.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258668.96

Forgiveness Date

06/14/2021

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