As part of the Paycheck Protection Program MODERN CLASSIC MOTORS INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MODERN CLASSIC MOTORS INC


Loan Amount	$1,025,000
BusinessName	MODERN CLASSIC MOTORS INC
Address	161 Fording Island Rd
City	BLUFFTON
State	SC
Zip	29910
NAICSCode	441110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	102
DateApproved	04/14/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	SC-01
BusinessName.clean	MODERN CLASSIC MOTORS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MODERN CLIMATE
MODERN COMFORT SYSTEMS
MODERN CONSTRUCTION USA
MODERN CONTROLS
MODERN DISPERSIONS SOUTH