PPP Loan information for Modern mechanical systems,inc.

$814,235

Modern mechanical systems,inc. was initially approved for PPP Loan of amount $814,235, the current approved amount is $814,235. The loan was approved on 04/27/2020 by The Webster Bank National Association reported 40 jobs and $814,235 was used to fund payroll.

Modern mechanical systems,inc. is Existing or more than 2 years old

PPP Loan Search / CT / FARMINGTON / Modern mechanical systems,inc.

MODERN MECHANICAL SYSTEMS,INC.

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MODERN MECHANICAL SYSTEMS,INC.

Borrower Address

519 COOKE ST PO492

Borrower City

FARMINGTON

Borrower State

CT

Borrower Zip

06034

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

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

06034-0001

CD

CT-05

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

814235.00

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

820280.42

Forgiveness Date

01/28/2021

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