Current business record

MODERN DEVELOPMENT COMPANY

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$350,000–1 million
Filed business name
MODERN DEVELOPMENT COMPANY
Approval date
Jan 28, 2021
Initial approval amount
$702,595.00
Current approval amount
$702,595.00
Loan status
Paid in Full (Nov 10, 2022)
Forgiveness amount
$714,490.99
Jobs reported
83
Address
3146 Red Hill Ave Ste 220
Costa Mesa, CA 92626-3415
Lender
Wells Fargo Bank, National Association
NAICS code
531390
Business type
Housing Co-op
Congressional district
CA-47

Loan 2

$350,000–1 million
Filed business name
MODERN DEVELOPMENT COMPANY
Approval date
May 1, 2020
Initial approval amount
$612,626.00
Current approval amount
$612,626.00
Loan status
Paid in Full (Oct 20, 2021)
Forgiveness amount
$620,967.78
Jobs reported
87
Address
3146 REDHILL AVENUE SUITE 220
COSTA MESA, CA 92626
Lender
Wells Fargo Bank, National Association
NAICS code
561990
Business type
Housing Co-op
Congressional district
CA-47