PPP Loan information for Mod-pac corp

$3,393,100

Mod-pac corp was initially approved for PPP Loan of amount $3,393,100, the current approved amount is $3,393,100. The loan was approved on 05/13/2020 by The Manufacturers and Traders Trust Company reported 327 jobs and $3,393,100 was used to fund payroll.

Mod-pac corp is Existing or more than 2 years old

MOD-PAC CORP

Date Approved

05/13/2020

SBA Office Code

0296

Processing Method

PPP

Borrower Name

MOD-PAC CORP

Borrower Address

1801 Elmwood Avenue

Borrower City

Buffalo

Borrower State

NY

Borrower Zip

14207

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3393100.00

Current Approval Amount

3393100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo

Project County Name

ERIE

Project State

NY

Project Zip

14207-0001

CD

NY-26

Jobs Reported

327

NAICS Code

322212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

99918.00

Payroll Proceed

2903182.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

240000.00

Debt Interest Proceed

150000

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3429448.00

Forgiveness Date

06/11/2021

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