# PPP loan: MORLEY AND ASSOCIATES, INC
> **$513K** approved 04/03/2020 · Paid in Full · Loan `4535967005`
## Borrower
- **Name:** MORLEY AND ASSOCIATES, INC
- **Address:** 4800 ROSEBUD LN, NEWBURGH, IN, 47630-9351
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $516K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Rent:** $36K
- **Utilities:** $41K
- **Health care:** $41K
- **Jobs reported:** 31
## Lender
- **Originating:** The First National Bank of Carmi
- **Servicing:** The First National Bank of Carmi (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*