MODERN SYSTEMS INC.

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business MODERN SYSTEMS INC.
Business Type Subchapter S Corporation
Business Category All Other Miscellaneous General Purpose Machinery Manufacturing
Business Address 8833 194th Ln NW
Nowthen MN 55330-7703
Jobs Retained 7
Loan Amount $69,036
Forgiveness Amount $69,640

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Jan 20, 2022

Date Approved 01/26/2021
Lender Financial Security Bank
1011 Atlantic Ave
KERKHOVEN MN 56252
Ethnicity Owned Unanswered
Gender of Owner Unanswered
Is Owner a Veteran? Unanswered