# PPP loan: MODERN TRUCKLINE INC.
> **$156K** approved 06/24/2020 · Exemption 4 · Loan `2841588004`
## Borrower
- **Name:** MODERN TRUCKLINE INC.
- **Address:** 7102 DOWNING AVENUE, BAKERSFIELD, CA, 93308-5816
- **NAICS:** 484121
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 38
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*