# PPP loan: MORROCU FOODS INC
> **$178K** approved 05/01/2020 · Charged Off · Loan `3439027708`
## Borrower
- **Name:** MORROCU FOODS INC
- **Address:** 2277 Upton Drive, Virginia Beach, VA, 23454-1290
- **NAICS:** 999990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Status:** Charged Off
- **Term:** 1 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 25
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*