# PPP loan: MORRIS BUICK GMC CADILLAC, INC.
> **$700K** approved 04/03/2020 · Paid in Full · Loan `4457587002`
## Borrower
- **Name:** MORRIS BUICK GMC CADILLAC, INC.
- **Address:** 26100 Lorain Road, NORTH OLMSTED, OH, 44070-2740
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $704K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 58
## Lender
- **Originating:** First Federal Savings & Loan Association of Lakewood
- **Servicing:** First Federal Savings & Loan Association of Lakewood (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*