Modern Marketing Concepts, Inc.

$2,807,160 PPP Loan in Binghamton, New York

Loan Details

Loan Number
8178657103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,807,160
Current Approval
$2,807,160
Forgiveness Amount
$2,838,846
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Marketing Concepts, Inc.
Address
29 Industrial Park Drive
ZIP Code
13904
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541870)
Business Age
Existing or more than 2 years old
Jobs Reported
191
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
NY-19

Loan Use Breakdown

Payroll
$2,436,160
Rent
$110,000
Utilities
$15,000
Health Care
$220,000
Debt Interest
$26,000

Lender Information

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

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