# PPP loan: MORELLI MOTORS LLC
> **$368K** approved 01/23/2021 · Paid in Full · Loan `4856898310`
## Borrower
- **Name:** MORELLI MOTORS LLC
- **Address:** 22757 Three Notch Rd, California, MD, 20619-3073
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $370K (100%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $368K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Shore United Bank, National Association
- **Servicing:** Shore United Bank, National Association (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*