# PPP loan: MODERN HEATING & COOLING INC.
> **$251K** approved 01/20/2021 · Paid in Full · Loan `2071858310`
## Borrower
- **Name:** MODERN HEATING & COOLING INC.
- **Address:** 10050 US Highway 14, Black Earth, WI, 53515-9550
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $252K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 18
## Lender
- **Originating:** The Peoples Community Bank
- **Servicing:** The Peoples Community Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*