PPP Loan information for Mod-tech industries

$611,934

Mod-tech industries was initially approved for PPP Loan of amount $611,934, the current approved amount is $611,934. The loan was approved on 04/08/2020 by The Synovus Bank reported 48 jobs and $611,934 was used to fund payroll.

Mod-tech industries is Existing or more than 2 years old

MOD-TECH INDUSTRIES

Date Approved

04/08/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MOD-TECH INDUSTRIES

Borrower Address

703 GRAND CENTRAL ST

Borrower City

CLEARWATER

Borrower State

FL

Borrower Zip

33756-3411

Loan Status Date

03/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

611934.00

Current Approval Amount

611934.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEARWATER

Project County Name

PINELLAS

Project State

FL

Project Zip

33756-3411

CD

FL-13

Jobs Reported

48

NAICS Code

334419

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

611934.00

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

616762.41

Forgiveness Date

01/25/2021

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