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Modern Systems Inc.

$69,036 PPP Loan in Nowthen, Minnesota

Loan Details

Loan Number
6064608305
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$69,036
Current Approval
$69,036
Forgiveness Amount
$69,640
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Modern Systems Inc.
Address
8833 194th Ln NW
City
Nowthen
State
Minnesota
ZIP Code
55330-7703
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333999)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$69,032
Utilities
$1

Lender Information

Servicing Lender
Bravera Bank
Originating Lender
Bravera Bank

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