Modern Heat Treat, Inc.

$729,900 PPP Loan in Richland Hills, Texas

Loan Details

Loan Number
2643267310
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$729,900
Current Approval
$729,900
Forgiveness Amount
$738,111
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Heat Treat, Inc.
Address
2550 Austin Rd.
State
Texas
ZIP Code
76118-7032
Business Type
Corporation
Industry (NAICS)
Manufacturing (332811)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$13.4M
Rural/Urban
Urban
Congressional District
TX-12

Loan Use Breakdown

Payroll
$583,948
Mortgage Interest
$145,952

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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