PPP Loan information for Modern specialties inc.

$94,957

Modern specialties inc. was initially approved for PPP Loan of amount $94,957, the current approved amount is $94,957. The loan was approved on 02/09/2021 by The Northwest Bank reported 8 jobs and $94,957 was used to fund payroll.

Modern specialties inc. is Existing or more than 2 years old

PPP Loan Search / PA / Huntingdon / Modern specialties inc.

MODERN SPECIALTIES INC.

Date Approved

02/09/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MODERN SPECIALTIES INC.

Borrower Address

10627 Hartslog Valley Rd

Borrower City

Huntingdon

Borrower State

PA

Borrower Zip

16652-4948

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

94957.10

Current Approval Amount

94957.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntingdon

Project County Name

HUNTINGDON

Project State

PA

Project Zip

16652-4948

CD

PA-13

Jobs Reported

8

NAICS Code

327120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94957.10

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95482.62

Forgiveness Date

09/02/2021

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