Modern Construction Inc.

$125,457 PPP Loan in Laredo, Texas

Loan Details

Loan Number
5948007307
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$125,457
Current Approval
$125,457
Forgiveness Amount
$126,639
Forgiveness Date
Apr 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Construction Inc.
Address
2120 Blaine St
City
Laredo
State
Texas
ZIP Code
78043-5215
Business Type
Corporation
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$19.4M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$108,457
Utilities
$7,000
Mortgage Interest
$6,000
Debt Interest
$4,000

Lender Information

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

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