# PPP loan: GL MORRIS ENTERPRISES, INC.
> **$624K** approved 04/10/2020 · Paid in Full · Loan `1676187105`
## Borrower
- **Name:** GL MORRIS ENTERPRISES, INC.
- **Address:** 2415 CULLEN STREET, FORT WORTH, TX, 76107-1411
- **NAICS:** 561790
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $624K
- **Initial approval:** $624K
- **Forgiven:** $634K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $610K
- **Rent:** $11K
- **Utilities:** $3K
- **Jobs reported:** 48
## 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*