Current business record

MODERN ELECTRIC CO

We found 3 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$2–5 million
Filed business name
MODERN ELECTRIC CO
Approval date
Apr 13, 2020
Initial approval amount
$4,658,625.00
Current approval amount
$4,658,625.00
Loan status
Paid in Full (Jul 14, 2021)
Forgiveness amount
$3,310,981.21
Jobs reported
150
Address
71 CROOKS AVENUE
CLIFTON, NJ 07011-1011
Lender
Valley National Bank
NAICS code
238210
Business type
Corporation
Congressional district
NJ-09

Loan 2

$350,000–1 million
Filed business name
MODERN ELECTRIC CO
Approval date
Feb 5, 2021
Initial approval amount
$858,200.00
Current approval amount
$858,200.00
Loan status
Paid in Full (Oct 14, 2021)
Forgiveness amount
$862,949.49
Jobs reported
45
Address
246 W 1st St
Casper, WY 82601-2404
Lender
First Interstate Bank
NAICS code
238210
Business type
Corporation
Congressional district
WY-

Loan 3

$350,000–1 million
Filed business name
MODERN ELECTRIC CO
Approval date
Apr 16, 2020
Initial approval amount
$822,640.00
Current approval amount
$822,640.00
Loan status
Paid in Full (Feb 18, 2021)
Forgiveness amount
$828,995.74
Jobs reported
41
Address
246 West First
CASPER, WY 82601
Lender
First Interstate Bank
NAICS code
238210
Business type
Corporation
Congressional district
WY-