# PPP loan: MODULAR ARTS INC.
> **$359K** approved 04/02/2021 · Paid in Full · Loan `5573678700`
## Borrower
- **Name:** MODULAR ARTS INC.
- **Address:** 8207 S 192nd St, Kent, WA, 98032-1129
- **NAICS:** 327420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $361K (100%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $359K
- **Jobs reported:** 22
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*