PPP Loan information for Modern mechanical systemsinc.

$814,235

Modern mechanical systemsinc. was initially approved for PPP Loan of amount $814,235, the current approved amount is $814,235. The loan was approved on 02/06/2021 by The Webster Bank National Association reported 40 jobs and $814,235 was used to fund payroll.

Modern mechanical systemsinc. is Existing or more than 2 years old

MODERN MECHANICAL SYSTEMSINC.

Date Approved

02/06/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MODERN MECHANICAL SYSTEMSINC.

Borrower Address

519 Cooke St

Borrower City

Farmington

Borrower State

CT

Borrower Zip

06032-3014

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

814235.00

Current Approval Amount

814235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

HARTFORD

Project State

CT

Project Zip

06032-3014

CD

CT-05

Jobs Reported

40

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

814230.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

818451.18

Forgiveness Date

08/19/2021

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