# PPP loan: MORAE GLOBAL CORPORATION
> **$3.51M** approved 04/10/2020 · Paid in Full · Loan `2234997109`
## Borrower
- **Name:** MORAE GLOBAL CORPORATION
- **Address:** 1000 Louisiana Street, Suite 6550 0.0, Houston, TX, 77002-5051
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.51M
- **Initial approval:** $3.51M
- **Forgiven:** $3.55M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.11M
- **Rent:** $100K
- **Mortgage interest:** $200K
- **Utilities:** $100K
- **Jobs reported:** 321
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*