# PPP loan: MODERN ENTERPRISES INC.
> **$166K** approved 01/29/2021 · Paid in Full · Loan `8246728306`
## Borrower
- **Name:** MODERN ENTERPRISES INC.
- **Address:** 9202 Venture Ct, Manassas Park, VA, 20111-4804
- **NAICS:** 238110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*