# PPP loan: MORRILL ELEVATOR, INC
> **$199K** approved 04/04/2020 · Paid in Full · Loan `5028477000`
## Borrower
- **Name:** MORRILL ELEVATOR, INC
- **Address:** 120 Fanning Street, MORRILL, KS, 66515-9473
- **NAICS:** 493130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 12
## Lender
- **Originating:** United Bank & Trust
- **Servicing:** United Bank & Trust (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*