# PPP loan: MORSOU INC
> **$150K** approved 04/11/2020 · Paid in Full · Loan `2886557101`
## Borrower
- **Name:** MORSOU INC
- **Address:** 1797 INDIAN RDG, RED OAK, TX, 75154-5872
- **NAICS:** 447110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 42
## Lender
- **Originating:** Citizens National Bank of Texas
- **Servicing:** Citizens National Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*