# PPP loan: MODERN DISPERSIONS SOUTH, INC.
> **$2.97M** approved 04/11/2020 · Paid in Full · Loan `3123497103`
## Borrower
- **Name:** MODERN DISPERSIONS SOUTH, INC.
- **Address:** 302 Ed Ward Rd, Fitzgerald, GA, 31750-8813
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.97M
- **Initial approval:** $3.26M
- **Forgiven:** $3.00M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.97M
- **Jobs reported:** 190
## Lender
- **Originating:** Colony Bank
- **Servicing:** Colony Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*