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Modern Molding Inc.

$1,060,904 PPP Loan in Delano, Minnesota

Loan Details

Loan Number
4173218306
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$1,060,904
Current Approval
$1,060,904
Forgiveness Amount
$1,072,250
Forgiveness Date
Feb 23, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Modern Molding Inc.
Address
796 7th St S
City
Delano
State
Minnesota
ZIP Code
55328-8607
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$89.3M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,060,902
Utilities
$1

Lender Information

Servicing Lender
Minnesota Lakes Bank
Originating Lender
Minnesota Lakes Bank

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