Modern Illumination Inc.

$117,500 PPP Loan in Burbank, California

Loan Details

Loan Number
3027617701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$117,500
Current Approval
$117,500
Forgiveness Amount
$118,296
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Illumination Inc.
Address
3727 W Magnolia Blvd #101
ZIP Code
91505
Business Type
Corporation
Industry (NAICS)
Arts, Entertainment, and Recreation (711190)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-30

Loan Use Breakdown

Payroll
$95,000
Rent
$12,000
Utilities
$3,000
Health Care
$6,000
Debt Interest
$1,500

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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