# PPP loan: THE MORGAN LAW GROUP, P.A.
> **$744K** approved 04/05/2020 · Paid in Full · Loan `5112327004`
## Borrower
- **Name:** THE MORGAN LAW GROUP, P.A.
- **Address:** 55 Merrick Way Suite 404, MIAMI, FL, 33134-5124
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $744K
- **Initial approval:** $744K
- **Forgiven:** $742K (100%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $558K
- **Utilities:** $186K
- **Jobs reported:** 55
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*