# PPP loan: MODERN HOTEL INC.
> **$286K** approved 04/07/2020 · Paid in Full · Loan `7465647000`
## Borrower
- **Name:** MODERN HOTEL INC.
- **Address:** 1314 W GROVE ST, BOISE, ID, 83702-6942
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $286K
- **Initial approval:** $286K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $286K
- **Jobs reported:** 44
## Lender
- **Originating:** Idaho First Bank
- **Servicing:** Idaho First Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*