# PPP loan: MORGAN & MORGAN JACKSONVILLE MANAGEMENT, INC.
> **$3.50M** approved 04/10/2020 · Paid in Full · Loan `1214957106`
## Borrower
- **Name:** MORGAN & MORGAN JACKSONVILLE MANAGEMENT, INC.
- **Address:** 76 S. Laura Street suite 110, JACKSONVILLE, FL, 32202-3404
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.50M
- **Initial approval:** $3.50M
- **Forgiven:** $3.54M (101%)
- **Forgiveness date:** 06/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.62M
- **Rent:** $437K
- **Utilities:** $437K
- **Jobs reported:** 334
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*