PPP Loan information for Modern materials, inc.

$193,615

Modern materials, inc. was initially approved for PPP Loan of amount $193,615, the current approved amount is $193,615. The loan was approved on 04/13/2020 by The KeyBank National Association reported 30 jobs and $193,615 was used to fund payroll.

Modern materials, inc. is Unanswered

MODERN MATERIALS, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODERN MATERIALS, INC.

Borrower Address

435 North State Road 25

Borrower City

ROCHESTER

Borrower State

IN

Borrower Zip

46975

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193615.00

Current Approval Amount

193615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ROCHESTER

Project County Name

FULTON

Project State

IN

Project Zip

46975-0001

CD

IN-02

Jobs Reported

30

NAICS Code

423510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

193615.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194808.52

Forgiveness Date

12/02/2020

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