# PPP loan: MODERN MOTOR COACHES, INC
> **$398K** approved 04/03/2020 · Paid in Full · Loan `4585147004`
## Borrower
- **Name:** MODERN MOTOR COACHES, INC
- **Address:** 992 Highway D, SULLIVAN, MO, 63080-2595
- **NAICS:** 484210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Mortgage interest:** $40K
- **Utilities:** $20K
- **Jobs reported:** 37
## Lender
- **Originating:** First Midwest Bank of the Ozarks
- **Servicing:** First Midwest Bank of the Ozarks (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*