Modern Machine Shop, Inc.

$275,400 PPP Loan in Laredo, Texas

Loan Details

Loan Number
1472857201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$275,400
Current Approval
$275,400
Forgiveness Amount
$277,764
Forgiveness Date
Feb 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Machine Shop, Inc.
Address
2000 Blaine St
City
Laredo
State
Texas
ZIP Code
78043
Business Type
Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$12.1M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$257,600
Utilities
$17,800

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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