# PPP loan: MORRISON TRUCKING
> **$265K** approved 04/04/2020 · Paid in Full · Loan `4787027001`
## Borrower
- **Name:** MORRISON TRUCKING
- **Address:** 215 Railside Dr., ALBURNETT, IA, 52202-7729
- **NAICS:** 484110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $244K
- **Forgiven:** $266K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 21
## Lender
- **Originating:** Farmers & Merchants Savings Bank
- **Servicing:** Farmers & Merchants Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*