# PPP loan: MODERN MACHINE COMPANY
> **$246K** approved 03/04/2021 · Paid in Full · Loan `6552718509`
## Borrower
- **Name:** MODERN MACHINE COMPANY
- **Address:** 524 S Southern St, Seattle, WA, 98108-4355
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $246K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*