PPP Loan information for Modrak products co inc

$50,828

Modrak products co inc was initially approved for PPP Loan of amount $50,828, the current approved amount is $50,828. The loan was approved on 04/15/2020 by The BMO Harris Bank National Association reported 8 jobs and $50,828 was used to fund payroll.

Modrak products co inc is Existing or more than 2 years old

PPP Loan Search / IN / GARY / Modrak products co inc

MODRAK PRODUCTS CO INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODRAK PRODUCTS CO INC

Borrower Address

3700 CLARK RD

Borrower City

GARY

Borrower State

IN

Borrower Zip

46408

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50827.50

Current Approval Amount

50827.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46408-0001

CD

IN-01

Jobs Reported

8

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50827.50

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51312.10

Forgiveness Date

04/06/2021

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