# PPP loan: MODERN BEAUTY COMPANIES INC
> **$193K** approved 02/18/2021 · Paid in Full · Loan `1132608501`
## Borrower
- **Name:** MODERN BEAUTY COMPANIES INC
- **Address:** 211 E 3rd St, Sterling, IL, 61081-3611
- **NAICS:** 611511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $193K (100%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 26
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*