MODERN PROCESS EQUIPMENT CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to MODERN PROCESS EQUIPMENT CORPORATION by Busey Bank. The loan was approved on 4/07/2020 in the range of $350,000-1 million.

Business Information

Name:

MODERN PROCESS EQUIPMENT CORPORATION

3125 S LOLIN AVENUE
CHICAGO, IL 60623
Business type: Subchapter S Corporation
Machinery Manufacturing
→ Power-Driven Handtool Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 07, 2020
Lender Busey Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.