Modern Machine & Tool, Inc.

$212,830 PPP Loan in Van Buren, Indiana

Loan Details

Loan Number
1487727102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$212,830
Current Approval
$212,830
Forgiveness Amount
$213,979
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Machine & Tool, Inc.
Address
621 S 1st St
State
Indiana
ZIP Code
46991-9701
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.1M
Rural/Urban
Urban
Congressional District
IN-05

Loan Use Breakdown

Payroll
$212,830

Lender Information

Servicing Lender
First Farmers Bank & Trust Co.
Originating Lender
First Farmers Bank & Trust Co.

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