# PPP loan: MODERN TRAILER SALES INC
> **$688K** approved 04/07/2020 · Paid in Full · Loan `7616547003`
## Borrower
- **Name:** MODERN TRAILER SALES INC
- **Address:** 2730 W 53RD ST, ANDERSON, IN, 46013-2335
- **NAICS:** 441210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $688K
- **Initial approval:** $688K
- **Forgiven:** $693K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $688K
- **Jobs reported:** 46
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*