Modway Inc.

$1,497,042 PPP Loan in Hightstown, New Jersey

Loan Details

Loan Number
1346637106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,497,042
Current Approval
$1,497,042
Forgiveness Amount
$1,516,440
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modway Inc.
Address
329 Wyckoff Mills Rd. 0.0
ZIP Code
08520-9762
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423210)
Business Age
Existing or more than 2 years old
Jobs Reported
141
Estimated Revenue
$43.2M
Rural/Urban
Urban
Congressional District
NJ-03

Loan Use Breakdown

Payroll
$1,125,000
Rent
$372,042

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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