# PPP loan: MORCA CONSTRUCTION SERVICES, INC
> **$247K** approved 04/15/2020 · Paid in Full · Loan `1108397209`
## Borrower
- **Name:** MORCA CONSTRUCTION SERVICES, INC
- **Address:** 3633 TREASURE COVE CT, NAPLES, FL, 34114
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $226K (92%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Rent:** $47K
- **Utilities:** $2K
- **Jobs reported:** 100
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*