Modern Industries INC
$561,066 PPP Loan in Iselin, New Jersey
Loan Details
- Loan Number
- 3276137101
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $561,066
- Current Approval
- $312,983
- Forgiveness Amount
- $316,234
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Modern Industries INC
- Address
- 555 Route 1 South. Suite 130
- City
- Iselin
- State
- New Jersey
- ZIP Code
- 08830-3179
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (484220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $6.7M
- Rural/Urban
- Urban
- Congressional District
- NJ-06
Loan Use Breakdown
- Payroll
- $312,983
Lender Information
- Servicing Lender
- Hanover Community Bank
- Originating Lender
- Hanover Community Bank
Other PPP Loans in Iselin, NJ
| Business | Approved | |
|---|---|---|
| Top Shelf Electric Corp | $7,372,900 | |
| Grocery Haulers, Inc. | $6,849,538 | |
| Intone Networks, Inc. | $5,780,378 | |
| H & M International Transportation Inc. | $5,207,290 | |
| Greenbaum, Rowe, Smith & Davis LLP | $3,706,000 |
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