# PPP loan: MODERN FOODS, INC.
> **$220K** approved 04/07/2020 · Paid in Full · Loan `6777677003`
## Borrower
- **Name:** MODERN FOODS, INC.
- **Address:** 4926 ROBERTS DR, ASHLAND, KY, 41102-8311
- **NAICS:** 424430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 28
## Lender
- **Originating:** Community Trust Bank, Inc.
- **Servicing:** Community Trust Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*