# PPP loan: MODERN METHOD ROOFING & CONSTRUCTION INC.
> **$500K** approved 01/26/2021 · Paid in Full · Loan `5899048307`
## Borrower
- **Name:** MODERN METHOD ROOFING & CONSTRUCTION INC.
- **Address:** 180 Coombs St, Napa, CA, 94559-3941
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $502K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **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*