# PPP loan: MODERN CERAMICS MFG INC.
> **$943K** approved 02/05/2021 · Paid in Full · Loan `3932978406`
## Borrower
- **Name:** MODERN CERAMICS MFG INC.
- **Address:** 2240 Lundy Ave, San Jose, CA, 95131-1816
- **NAICS:** 332721
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $952K (101%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $943K
- **Jobs reported:** 61
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*