Modern Empire, INC
$288,750 PPP Loan in Paterson, New Jersey
Loan Details
- Loan Number
- 6092627105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $288,750
- Current Approval
- $288,750
- Forgiveness Amount
- $290,418
- Forgiveness Date
- Nov 27, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Empire, INC
- Address
- 1-11 Morris St
- City
- Paterson
- State
- New Jersey
- ZIP Code
- 07501
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $6.1M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $216,563
- Utilities
- $72,188
Lender Information
- Servicing Lender
- Fulton Bank, National Association
- Originating Lender
- Fulton Bank, National Association
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