# PPP loan: MORELLI MOTORS LLC
> **$436K** approved 04/10/2020 · Paid in Full · Loan `1633417102`
## Borrower
- **Name:** MORELLI MOTORS LLC
- **Address:** 22757 Three Notch Road, CALIFORNIA, MD, 20619-3073
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $436K
- **Initial approval:** $436K
- **Forgiven:** $440K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $436K
- **Jobs reported:** 39
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*