# PPP loan: MODULAR CONTAINER SYSTEMS INC.
> **$285K** approved 03/23/2021 · Paid in Full · Loan `7119768604`
## Borrower
- **Name:** MODULAR CONTAINER SYSTEMS INC.
- **Address:** 12 Alex St, Lavonia, GA, 30553-1265
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Northeast Georgia Bank
- **Servicing:** Northeast Georgia Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*