# PPP loan: MODERN CLASSICS AUTO GROUP INC
> **$163K** approved 05/28/2021 · Paid in Full · Loan `8755019005`
## Borrower
- **Name:** MODERN CLASSICS AUTO GROUP INC
- **Address:** 2025 NE 154th St, North Miami Beach, FL, 33162-6023
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 07/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** The Enterprise Center Capital Corporation
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*