# PPP loan: MODERNICA GROUP CORP.
> **$171K** approved 02/27/2021 · Paid in Full · Loan `5475978507`
## Borrower
- **Name:** MODERNICA GROUP CORP.
- **Address:** B7 Calle Tabonuco Ste 116, Guaynabo, PR, 00968-3351
- **NAICS:** 443142
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $171K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*