PPP Loan information for Modern industries, inc.,

$2,064,500

Modern industries, inc., was initially approved for PPP Loan of amount $2,064,500, the current approved amount is $2,064,500. The loan was approved on 04/14/2020 by The KeyBank National Association reported 195 jobs and $2,064,500 was used to fund payroll.

Modern industries, inc., is Unanswered

PPP Loan Search / PA / ERIE / Modern industries, inc.,

MODERN INDUSTRIES, INC.,

Date Approved

04/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

MODERN INDUSTRIES, INC.,

Borrower Address

613 West 11TH ST

Borrower City

ERIE

Borrower State

PA

Borrower Zip

16501-1503

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2064500.00

Current Approval Amount

2064500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

ERIE

Project County Name

ERIE

Project State

PA

Project Zip

16501-1503

CD

PA-16

Jobs Reported

195

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2064500.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2087803.40

Forgiveness Date

06/11/2021

;