Modern Wholesale Supply Co.

$257,800 PPP Loan in Edwardsville, Illinois

Loan Details

Loan Number
1735317304
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$257,800
Current Approval
$257,800
Forgiveness Amount
$259,089
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Wholesale Supply Co.
Address
7103 Marine Rd
ZIP Code
62025-4283
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423720)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$221,500
Rent
$2,100
Utilities
$5,200
Health Care
$26,100
Mortgage Interest
$2,900

Lender Information

Servicing Lender
St. Louis Bank
Originating Lender
St. Louis Bank

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