# PPP loan: MODERN DISPOSAL SYSTEMS, LLC
> **$246K** approved 04/08/2020 · Paid in Full · Loan `8140857000`
## Borrower
- **Name:** MODERN DISPOSAL SYSTEMS, LLC
- **Address:** 200 Hemstock Dr PO BOX 513, SPARTA, WI, 54656-2473
- **NAICS:** 562111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $214K
- **Rent:** $13K
- **Utilities:** $7K
- **Health care:** $12K
- **Jobs reported:** 35
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*