Modern Collision Center

$78,995 PPP Loan in Wakefield, Massachusetts

Loan Details

Loan Number
3345267306
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$78,995
Current Approval
$78,995
Forgiveness Amount
$79,798
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Collision Center
Address
57 New Salem St
ZIP Code
01880
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$56,996
Utilities
$9,499
Mortgage Interest
$9,499
Refinance EIDL
$3,000

Lender Information

Servicing Lender
Square Capital, LLC
Originating Lender
Celtic Bank Corporation

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