# PPP loan: MODERN OF MARSHFIELD, INC
> **$640K** approved 04/07/2020 · Paid in Full · Loan `7545917009`
## Borrower
- **Name:** MODERN OF MARSHFIELD, INC
- **Address:** 137 W 9TH ST, MARSHFIELD, WI, 54449-4112
- **NAICS:** 337121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $645K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Rent:** $54K
- **Utilities:** $17K
- **Health care:** $34K
- **Debt interest:** $20K
- **Jobs reported:** 85
## Lender
- **Originating:** Partners Bank of Wisconsin
- **Servicing:** Partners Bank of Wisconsin (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*