# PPP loan: MORASHA OLAMI INC.
> **$331K** approved 03/27/2021 · Paid in Full · Loan `1424738703`
## Borrower
- **Name:** MORASHA OLAMI INC.
- **Address:** 555 Madison Ave, Lakewood, NJ, 08701-3255
- **NAICS:** 519120
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $333K (101%)
- **Forgiveness date:** 01/18/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** American Lending Center
- **Servicing:** American Lending Center (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*