# PPP loan: MODLOGIQ, INC.
> **$572K** approved 04/10/2020 · Paid in Full · Loan `2493107105`
## Borrower
- **Name:** MODLOGIQ, INC.
- **Address:** 191 Quality Circle, NEW HOLLAND, PA, 17557
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $576K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $572K
- **Jobs reported:** 45
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*