PPP Loan information for Modern group ltd

$4,657,100

Modern group ltd was initially approved for PPP Loan of amount $4,657,100, the current approved amount is $4,657,100. The loan was approved on 04/07/2020 by The Manufacturers and Traders Trust Company reported 262 jobs and $4,657,100 was used to fund payroll.

Modern group ltd is Existing or more than 2 years old

PPP Loan Search / PA / BRISTOL / Modern group ltd

MODERN GROUP LTD

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MODERN GROUP LTD

Borrower Address

2501 DURHAM RD

Borrower City

BRISTOL

Borrower State

PA

Borrower Zip

19007-6903

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4657100.00

Current Approval Amount

4657100.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

BUCKS

Project State

PA

Project Zip

19007-6903

CD

PA-01

Jobs Reported

262

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4657100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

4712092.06

Forgiveness Date

06/22/2021

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