Modern Industries Inc.
$2,000,000 PPP Loan in Erie, Pennsylvania
Loan Details
- Loan Number
- 8815328610
- Date Approved
- Mar 25, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,023,178
- Forgiveness Date
- Jun 14, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Modern Industries Inc.
- Address
- 613 W 11th St
- City
- Erie
- State
- Pennsylvania
- ZIP Code
- 16501-1503
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336390)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 163
- Estimated Revenue
- $42.7M
- Rural/Urban
- Urban
- Congressional District
- PA-16
Loan Use Breakdown
- Payroll
- $1,999,996
- Utilities
- $1
Lender Information
- Servicing Lender
- Keybank National Association
- Originating Lender
- Keybank National Association
Other PPP Loans in Erie, PA
| Business | Approved | |
|---|---|---|
| Millcreek Community Hospital | $5,174,277 |  Research |
| Wm. T. Spaeder Co., Inc. | $5,034,000 | Research |
| Eriez Manufacturing Co. | $4,507,100 | Research |
| Logistics Plus INC | $3,667,400 | Research |
| Cmi America, Inc. | $3,501,600 | Research |
Want to research this company further?
Try NewBizBot free