PPP Loan information for Modular concepts inc

$189,139

Modular concepts inc was initially approved for PPP Loan of amount $189,139, the current approved amount is $189,139. The loan was approved on 02/06/2021 by The Fulton Bank, National Association reported 10 jobs and $189,139 was used to fund payroll.

Modular concepts inc is Existing or more than 2 years old

MODULAR CONCEPTS INC

Date Approved

02/06/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MODULAR CONCEPTS INC

Borrower Address

54 Wilmon St

Borrower City

Chesapeake City

Borrower State

MD

Borrower Zip

21915-1301

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189139.00

Current Approval Amount

189139.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake City

Project County Name

CECIL

Project State

MD

Project Zip

21915-1301

CD

MD-01

Jobs Reported

10

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189139.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190068.93

Forgiveness Date

08/04/2021

;