Modern Materials INC

$193,615 PPP Loan in Rochester, Indiana

Loan Details

Loan Number
6158238302
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$193,615
Current Approval
$193,615
Forgiveness Amount
$195,610
Forgiveness Date
Feb 23, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Modern Materials INC
Address
435 N State Road 25
State
Indiana
ZIP Code
46975-9700
Business Type
Corporation
Industry (NAICS)
Manufacturing (332812)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$8.6M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$193,614
Utilities
$1

Lender Information

Servicing Lender
Keybank National Association
Originating Lender
Keybank National Association

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