Summary of PPP (Paycheck Protection Program) Loan approved to MODERN ELECTRIC CO by Valley National Bank. The loan was approved on 4/13/2020 in the range of $2-5 million.
| Name: |
MODERN ELECTRIC CO71 CROOKS AVENUECLIFTON, NJ 07011 |
| Business type: | Corporation
Specialty Trade Contractors → Electrical Contractors and Other Wiring Installation Contractors |
| Non-profit: | No |
| Loan amount: | $2-5 million
(50 Jobs retained) |
| Date approved: | April 13, 2020 |
| Lender | Valley National Bank |
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.