PPP Loan information for Modtek converting llc

$301,717

Modtek converting llc was initially approved for PPP Loan of amount $301,717, the current approved amount is $301,717. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 23 jobs and $301,717 was used to fund payroll.

Modtek converting llc is Existing or more than 2 years old

MODTEK CONVERTING LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MODTEK CONVERTING LLC

Borrower Address

2550 Haddonfield Road

Borrower City

Pennsauken

Borrower State

NJ

Borrower Zip

08110

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301717.00

Current Approval Amount

301717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08110-0001

CD

NJ-01

Jobs Reported

23

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9611.00

Payroll Proceed

246832.00

Mortgage Interest Proceed

0.00

Rent Proceed

21504.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23770.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304089.40

Forgiveness Date

02/09/2021

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