# PPP loan: MODERN HOSPITALITY, INC.
> **$183K** approved 04/11/2020 · Paid in Full · Loan `3545337101`
## Borrower
- **Name:** MODERN HOSPITALITY, INC.
- **Address:** 2400 CAMINO DEL RIO CT, BAKERSFIELD, CA, 93308-6256
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $183K
- **Initial approval:** $183K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Utilities:** $46K
- **Jobs reported:** 24
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*