# PPP loan: MODERN BUILDERS & CONTRACTORS INC.
> **$646K** approved 07/07/2020 · Paid in Full · Loan `9338038008`
## Borrower
- **Name:** MODERN BUILDERS & CONTRACTORS INC.
- **Address:** 195 St. James Place, Brooklyn, NY, 11238-2301
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $646K
- **Initial approval:** $646K
- **Forgiven:** $658K (102%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $646K
- **Jobs reported:** 37
## Lender
- **Originating:** CDC Small Business Finance Corporation
- **Servicing:** CDC Small Business Finance Corporation (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*