# PPP loan: MODERNFOLD CHICAGO, INC.
> **$335K** approved 04/14/2020 · Paid in Full · Loan `7542767104`
## Borrower
- **Name:** MODERNFOLD CHICAGO, INC.
- **Address:** 240 S WESTGATE DR, CAROL STREAM, IL, 60188
- **NAICS:** 332321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $337K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Jobs reported:** 16
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*