# PPP loan: MODERN IMPACT, LLC
> **$196K** approved 04/09/2020 · Paid in Full · Loan `9830747004`
## Borrower
- **Name:** MODERN IMPACT, LLC
- **Address:** 100 S  5TH ST, MINNEAPOLIS, MN, 55402-1200
- **NAICS:** 541890
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $198K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $39K
- **Utilities:** $10K
- **Jobs reported:** 11
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*