Modern Concepts Inc.

$436,614 PPP Loan in E Rancho Dominguez, California

Loan Details

Loan Number
8783727305
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$436,614
Current Approval
$436,614
Forgiveness Amount
$441,867
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Concepts Inc.
Address
3121 E Ana Street
ZIP Code
90221-5606
Business Type
Corporation
Industry (NAICS)
Manufacturing (325991)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$46.6M
Rural/Urban
Urban
Congressional District
CA-44

Loan Use Breakdown

Payroll
$327,460
Rent
$60,937
Utilities
$19,288
Health Care
$28,929

Lender Information

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

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