Modern Systems INC

$279,800 PPP Loan in Yadkinville, North Carolina

Loan Details

Loan Number
1702377108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$279,800
Current Approval
$279,800
Forgiveness Amount
$282,171
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Systems INC
Address
1111 Old Stage Rd
ZIP Code
27055-6727
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$8.5M
Rural/Urban
Rural
Congressional District
NC-05

Loan Use Breakdown

Payroll
$279,800

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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