# PPP loan: MODUS OPERANDI, INC.
> **$562K** approved 04/27/2020 · Paid in Full · Loan `4848617202`
## Borrower
- **Name:** MODUS OPERANDI, INC.
- **Address:** 709 S HARBOR CITY BLVD Suite 400, MELBOURNE, FL, 32901-1936
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $562K
- **Initial approval:** $562K
- **Forgiven:** $567K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Rent:** $20K
- **Utilities:** $33K
- **Health care:** $59K
- **Jobs reported:** 29
## Lender
- **Originating:** Community Bank of the South
- **Servicing:** Community Bank of the South (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*