Modern Tools, Inc.

$89,918 PPP Loan in Stoneham, Massachusetts

Loan Details

Loan Number
1774527300
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$89,918
Current Approval
$89,918
Forgiveness Amount
$90,722
Forgiveness Date
Mar 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Tools, Inc.
Address
24 Parkway Rd
ZIP Code
02180
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$89,918

Lender Information

Servicing Lender
Eastern Bank
Originating Lender
Eastern Bank

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