# PPP loan: MODU FOOD SERVICE INC.
> **$223K** approved 01/20/2021 · Paid in Full · Loan `2237828302`
## Borrower
- **Name:** MODU FOOD SERVICE INC.
- **Address:** 5050 Everett Ct, Vernon, CA, 90058-3141
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $223K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Woori America Bank
- **Servicing:** Woori America Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*