As part of the Paycheck Protection Program MODERN CONTROLS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MODERN CONTROLS, INC


Loan Amount	$2,397,526
BusinessName	MODERN CONTROLS, INC
Address	7 Bellecor Drive
City	NEW CASTLE
State	DE
Zip	19720
NAICSCode	238220
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	91
DateApproved	04/07/2020
Lender	Wilmington Savings Fund Society, FSB
CD	DE-
BusinessName.clean	MODERN CONTROLS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MODERN DISPERSIONS SOUTH
MODERN DISTRIBUTORS
MODERN DOOR EQUIPMENT SALES
MODERN DOOR
MODERN DRY WALL