PPP Loan information for Modern materials corporation

$151,500

Modern materials corporation was initially approved for PPP Loan of amount $151,500, the current approved amount is $151,500. The loan was approved on 02/12/2021 by The Manufacturers and Traders Trust Company reported 21 jobs and $151,500 was used to fund payroll.

Modern materials corporation is Existing or more than 2 years old

PPP Loan Search / CT / North Haven / Modern materials corporation

MODERN MATERIALS CORPORATION

Date Approved

02/12/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

MODERN MATERIALS CORPORATION

Borrower Address

30 Bernhard Rd

Borrower City

North Haven

Borrower State

CT

Borrower Zip

06473-3905

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

151500.00

Current Approval Amount

151500.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Haven

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06473-3905

CD

CT-03

Jobs Reported

21

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151500.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

152919.53

Forgiveness Date

01/26/2022

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