# PPP loan: MODERN DAY CLIPPERS INC
> **$472K** approved 02/09/2021 · Paid in Full · Loan `5759528405`
## Borrower
- **Name:** MODERN DAY CLIPPERS INC
- **Address:** 4920 Sussex Pl, Shorewood, MN, 55331-9217
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $472K
- **Initial approval:** $472K
- **Forgiven:** $475K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $472K
- **Utilities:** $1
- **Jobs reported:** 89
## Lender
- **Originating:** Minnesota Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*