Modern Electrical Construction, Inc.
$257,400 PPP Loan in Lockport, New York
Loan Details
- Loan Number
- 1348967202
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $257,400
- Current Approval
- $257,400
- Forgiveness Amount
- $259,283
- Forgiveness Date
- Jan 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Electrical Construction, Inc.
- Address
- 5983 South Transit Road
- City
- Lockport
- State
- New York
- ZIP Code
- 14094
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $8.9M
- Rural/Urban
- Urban
- Congressional District
- NY-24
Loan Use Breakdown
- Payroll
- $205,907
- Rent
- $25,665
- Utilities
- $3,828
- Health Care
- $22,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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