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


Loan Amount	$6,702,400
BusinessName	MODERN INDUSTRIES, INC
Address	4747 E Beautiful Ln
City	PHOENIX
State	AZ
Zip	85044
NAICSCode	333242
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	478
DateApproved	04/08/2020
Lender	Zions Bank, A Division of
CD	AZ-07
BusinessName.clean	MODERN INDUSTRIES

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 INDUSTRIES
MODERN ITALIAN BAKERY OF WEST BABYLON
MODERN LANGUAGE ASSOCIATION OF AMERICA
MODERN LITHO
MODERN MANUFACTURING ENGINEERING