# PPP loan: MODERN HOMES, INC.
> **$268K** approved 05/01/2020 · Paid in Full · Loan `1148977810`
## Borrower
- **Name:** MODERN HOMES, INC.
- **Address:** 1590 CANARY RD, QUAKERTOWN, PA, 18951
- **NAICS:** 453930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $273K (102%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 18
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*