Mod-Pac Corp

$3,393,100 PPP Loan in Buffalo, New York

Loan Details

Loan Number
5731537410
Date Approved
May 13, 2020
Loan Status
Paid in Full
Initial Approval
$3,393,100
Current Approval
$3,393,100
Forgiveness Amount
$3,429,448
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mod-Pac Corp
Address
1801 Elmwood Avenue
ZIP Code
14207
Business Type
Corporation
Industry (NAICS)
Manufacturing (322212)
Business Age
Existing or more than 2 years old
Jobs Reported
327
Estimated Revenue
$324.3M
Rural/Urban
Urban
Congressional District
NY-26

Loan Use Breakdown

Payroll
$2,903,182
Utilities
$99,918
Health Care
$240,000
Debt Interest
$150,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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