PPP Loan information for Modern mfg. co. inc.

$79,880

Modern mfg. co. inc. was initially approved for PPP Loan of amount $79,880, the current approved amount is $79,880. The loan was approved on 06/05/2020 by The Truist Bank reported 10 jobs and $79,880 was used to fund payroll.

Modern mfg. co. inc. is Existing or more than 2 years old

PPP Loan Search / PA / Willow Grove / Modern mfg. co. inc.

MODERN MFG. CO. INC.

Date Approved

06/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MODERN MFG. CO. INC.

Borrower Address

680 Davisville Rd.

Borrower City

Willow Grove

Borrower State

PA

Borrower Zip

19090

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79880.00

Current Approval Amount

79880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willow Grove

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19090-0001

CD

PA-04

Jobs Reported

10

NAICS Code

333991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79880.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80501.29

Forgiveness Date

04/01/2021

;