# PPP loan: MODERN BODY ENGINEERING CORPORATION
> **$154K** approved 03/27/2021 · Paid in Full · Loan `1666738706`
## Borrower
- **Name:** MODERN BODY ENGINEERING CORPORATION
- **Address:** 32801 Dequindre Rd, Madison Heights, MI, 48071-1519
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 07/19/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Jobs reported:** 12
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*