As part of the Paycheck Protection Program MODERN HOLDINGS, 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 HOLDINGS, INC


Loan Amount	$7,955,000
BusinessName	MODERN HOLDINGS, INC
Address	500 Walford Rd SW
City	CEDAR RAPIDS
State	IA
Zip	52404
NAICSCode	238220
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	381
DateApproved	04/03/2020
Lender	Farmers & Merchants Savings Bank
CD	IA-01
BusinessName.clean	MODERN HOLDINGS

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 IMPORTS
MODERN INDUSTRIES
MODERN INDUSTRIES
MODERN ITALIAN BAKERY OF WEST BABYLON
MODERN LANGUAGE ASSOCIATION OF AMERICA