# PPP loan: MODERN COMMUNICATIONS INC
> **$194K** approved 05/01/2020 · Paid in Full · Loan `8317757709`
## Borrower
- **Name:** MODERN COMMUNICATIONS INC
- **Address:** 1231 HORAN DR, FENTON, MO, 63026
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 13
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*