NewBizBot
Try for Free

Modern Molding, Inc.

$850,000 PPP Loan in Delano, Minnesota

Loan Details

Loan Number
4589397104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$850,000
Current Approval
$850,000
Forgiveness Amount
$856,965
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Molding, Inc.
Address
796 7th St
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
84
Estimated Revenue
$83.3M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$811,000
Health Care
$39,000

Lender Information

Servicing Lender
Minnesota Lakes Bank
Originating Lender
Minnesota Lakes Bank

Other PPP Loans in Delano, MN

BusinessApproved
Landscape Structures INC$8,985,100NewBizBotResearch
Solar Plastics LLC$2,446,135NewBizBotResearch
Modern Molding Inc.$1,060,904NewBizBotResearch
Industrial Louvers$846,200NewBizBotResearch
Industrial Louvers INC$715,008NewBizBotResearch

Want to research this company further?

Try NewBizBot free