Modern Systems, Inc.

$279,800 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
6936077009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$279,800
Current Approval
$279,800
Forgiveness Amount
$281,517
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Systems, Inc.
Address
3844 S Highway 27 # B
ZIP Code
42501-3075
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561621)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$279,800

Lender Information

Servicing Lender
First Southern National Bank
Originating Lender
First Southern National Bank

Other PPP Loans in Somerset, KY

BusinessApproved
South Kentucky Rural Electric Cooperative$3,087,600NewBizBotAI Deep Dive
Tru-Check, Inc.$2,228,557NewBizBotAI Deep Dive
Coretrans, LLC$1,926,417NewBizBotAI Deep Dive
Modern Distributors, Inc.$1,701,672NewBizBotAI Deep Dive
Lake Cumberland Regional Mental Health-Mental Retardation$1,612,664NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free