PPP Loan information for Modern aluminum co., inc.

$89,200

Modern aluminum co., inc. was initially approved for PPP Loan of amount $89,200, the current approved amount is $89,200. The loan was approved on 04/13/2020 by The Peoples Exchange Bank reported 29 jobs and $89,200 was used to fund payroll.

Modern aluminum co., inc. is Existing or more than 2 years old

MODERN ALUMINUM CO., INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MODERN ALUMINUM CO., INC.

Borrower Address

15850 SCOTT HWY

Borrower City

ONEIDA

Borrower State

TN

Borrower Zip

37841-3908

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89200.00

Current Approval Amount

89200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26796

Servicing Lender Name

Peoples Exchange Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

WINCHESTER

Servicing Lender State

KY

Servicing Lender Zip

40391-2607

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ONEIDA

Project County Name

SCOTT

Project State

TN

Project Zip

37841-3908

CD

TN-03

Jobs Reported

29

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

89200.00

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

26796

Originating Lender

Peoples Exchange Bank

Originating Lender City

WINCHESTER

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89928.47

Forgiveness Date

02/02/2021

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