# PPP loan: MODERN FLOORS COMPANY INC
> **$280K** approved 02/13/2021 · Paid in Full · Loan `8166638401`
## Borrower
- **Name:** MODERN FLOORS COMPANY INC
- **Address:** 75 Orchard St, Ramsey, NJ, 07446-1134
- **NAICS:** 238330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 14
## Lender
- **Originating:** Columbia Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*