# PPP loan: MORAN MATERIALS RECYCLING INC.
> **$328K** approved 01/19/2021 · Paid in Full · Loan `1694328306`
## Borrower
- **Name:** MORAN MATERIALS RECYCLING INC.
- **Address:** 2709 N Rolling Rd, Baltimore, MD, 21244-2158
- **NAICS:** 423930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 09/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $328K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*