# PPP loan: MODERN AIR CONDITIONING INC.
> **$297K** approved 04/05/2020 · Paid in Full · Loan `5403987003`
## Borrower
- **Name:** MODERN AIR CONDITIONING INC.
- **Address:** 106 COMMERCIAL ST, EMPORIA, KS, 66801-4019
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 23
## Lender
- **Originating:** ESB Financial
- **Servicing:** ESB Financial (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*