# PPP loan: MORELLO CONCRETE CONSTRUCTION
> **$367K** approved 04/11/2020 · Paid in Full · Loan `3606737108`
## Borrower
- **Name:** MORELLO CONCRETE CONSTRUCTION
- **Address:** 8534 HUBBLES LN, SANTEE, CA, 92071-4408
- **NAICS:** 238120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $367K
- **Initial approval:** $388K
- **Forgiven:** $373K (102%)
- **Forgiveness date:** 02/17/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $367K
- **Jobs reported:** 38
## Lender
- **Originating:** California CU
- **Servicing:** California CU (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*