PPP Loan information for Modern tool and machine, inc.

$196,250

Modern tool and machine, inc. was initially approved for PPP Loan of amount $196,250, the current approved amount is $196,250. The loan was approved on 04/11/2020 by The Bank First, N.A. reported 15 jobs and $196,250 was used to fund payroll.

Modern tool and machine, inc. is Existing or more than 2 years old

PPP Loan Search / WI / MANITOWOC / Modern tool and machine, inc.

MODERN TOOL AND MACHINE, INC.

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MODERN TOOL AND MACHINE, INC.

Borrower Address

2835 BASSWOOD RD

Borrower City

MANITOWOC

Borrower State

WI

Borrower Zip

54220-8764

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

196250.00

Current Approval Amount

196250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76173

Servicing Lender Name

Bank First, N.A.

Servicing Lender Address

402 N 8th St

Servicing Lender City

MANITOWOC

Servicing Lender State

WI

Servicing Lender Zip

54220-4010

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANITOWOC

Project County Name

MANITOWOC

Project State

WI

Project Zip

54220-8764

CD

WI-06

Jobs Reported

15

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

196250.00

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

76173

Originating Lender

Bank First, N.A.

Originating Lender City

MANITOWOC

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197313.02

Forgiveness Date

11/03/2020

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