Modern Grain Systems Incorporated

$156,380 PPP Loan in Avon, Illinois

Loan Details

Loan Number
6638458308
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$156,380
Current Approval
$156,380
Forgiveness Amount
$125,972
Forgiveness Date
Dec 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Modern Grain Systems Incorporated
Address
1610 23rd Ave
City
Avon
ZIP Code
61415-8899
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
IL-15

Loan Use Breakdown

Payroll
$156,376
Utilities
$1

Lender Information

Servicing Lender
Security Savings Bank
Originating Lender
Security Savings Bank

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