# PPP loan: MODELS PLUS LLC
> **$298K** approved 04/10/2020 · Paid in Full · Loan `1393747107`
## Borrower
- **Name:** MODELS PLUS LLC
- **Address:** 605 Grayton Road, PO Box 600, KINGSFORD HEIGHTS, IN, 46346
- **NAICS:** 339114
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $335K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $238K
- **Rent:** $15K
- **Mortgage interest:** $15K
- **Utilities:** $15K
- **Health care:** $15K
- **Jobs reported:** 49
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*