# PPP loan: MODERN FOODS INC
> **$220K** approved 02/03/2021 · Paid in Full · Loan `2172848404`
## Borrower
- **Name:** MODERN FOODS INC
- **Address:** 4926 Roberts Dr, Ashland, KY, 41102-8311
- **NAICS:** 424430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Community Trust Bank, Inc.
- **Servicing:** Community Trust Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*