MODERN MACHINE & TOOL CO INC

Summary of PPP (Paycheck Protection Program) Loan approved to MODERN MACHINE & TOOL CO INC by Truist Bank d/b/a Branch Banking & Trust Co. The loan was approved on 4/28/2020 in the range of $350,000-1 million.

Business Information

Name:	MODERN MACHINE & TOOL CO INC 11844 JEFFERSON AVE NEWPORT NEWS, VA 23606
Business type:	Corporation Machinery Manufacturing → Machine Tool Manufacturing
Non-profit:	No
Loan amount:	$350,000-1 million (50 Jobs retained)
Date approved:	April 28, 2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co

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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.