PPP Loan information for Modern malt inc

$131,435

Modern malt inc was initially approved for PPP Loan of amount $131,435, the current approved amount is $131,435. The loan was approved on 04/09/2020 by The Solvay Bank reported 123 jobs and $131,435 was used to fund payroll.

Modern malt inc is Existing or more than 2 years old

MODERN MALT INC

Date Approved

04/09/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

MODERN MALT INC

Borrower Address

325 S CLINTON ST

Borrower City

SYRACUSE

Borrower State

NY

Borrower Zip

13202-1219

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131435.00

Current Approval Amount

131435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50256

Servicing Lender Name

Solvay Bank

Servicing Lender Address

1537 Milton Ave

Servicing Lender City

SOLVAY

Servicing Lender State

NY

Servicing Lender Zip

13209-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYRACUSE

Project County Name

ONONDAGA

Project State

NY

Project Zip

13202-1219

CD

NY-22

Jobs Reported

123

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131435.00

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

Corporation

Originating Lender Location Id

50256

Originating Lender

Solvay Bank

Originating Lender City

SOLVAY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132738.40

Forgiveness Date

04/12/2021

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