# PPP loan: MODERN COMMUNICATION INC.
> **$194K** approved 02/01/2021 · Paid in Full · Loan `1073458405`
## Borrower
- **Name:** MODERN COMMUNICATION INC.
- **Address:** 1231 Horan Dr # 100, Fenton, MO, 63026-1902
- **NAICS:** 334310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $194K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*