# PPP loan: MODERN METHOD ROOFING & CONSTRUCTION CO., INC.
> **$450K** approved 04/27/2020 · Paid in Full · Loan `5770017203`
## Borrower
- **Name:** MODERN METHOD ROOFING & CONSTRUCTION CO., INC.
- **Address:** 180 COOMBS ST, NAPA, CA, 94559
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $450K
- **Initial approval:** $450K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Jobs reported:** 48
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*