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Modern Homes & Equipment Company, Inc.

Details

Name: Modern Homes & Equipment Company, Inc.
Jurisdiction: Alabama
Legal type: Domestic Corporation
Status: Exists
Date of registration: 24 Aug 1954 (71 years ago)
Entity Number: 000-012-835
Register Number: 000012835
Historical Names: Southland Homes, Inc.
Southland Development Co., Inc.
Place of Formation: Mobile County
Principal Address: MOBILE, AL
Authorized Capital: $50,000
Paid Share Capital: $10,000

Activities DEAL IN LANDS AND REAL ESTATE

Incorporator

Name Role
NORVILLE, PEYTON Incorporator
NORVILLE, WILLIAM J Incorporator
WILSON, LAURA H Incorporator

Events

Event Date Event Type Old Value New Value
1966-12-05 Name Merged No data Superior Development Co., Inc.
1966-12-05 Capital Change $40,000 Authorized $10,000 Paid In $50,000 Authorized $10,000 Paid In
1957-04-12 Name Change Southland Development Co., Inc. Modern Homes & Equipment Company, Inc.
1954-09-20 Name Change Southland Homes, Inc. Southland Development Co., Inc.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3533707402 2020-05-07 0459 PPP 2467 N DOG RIVER DRIVE, MOBILE, AL, 36605
Loan Status Date 2022-03-09
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 177265
Loan Approval Amount (current) 177265
Undisbursed Amount 0
Franchise Name -
Lender Location ID 39232
Servicing Lender Name Hancock Whitney Bank
Servicing Lender Address 2510 14th St One Hancock Plz, GULFPORT, MS, 39501
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address MOBILE, MOBILE, AL, 36605-0001
Project Congressional District AL-01
Number of Employees 20
NAICS code 444190
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 39232
Originating Lender Name Hancock Whitney Bank
Originating Lender Address GULFPORT, MS
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 180426.23
Forgiveness Paid Date 2022-02-10

Date of last update: 30 Jul 2024

Sources: Alabama Secretary of State