# PPP loan: MORGAN LODGING INC.
> **$277K** approved 01/25/2021 · Paid in Full · Loan `5152668307`
## Borrower
- **Name:** MORGAN LODGING INC.
- **Address:** 9130 Guilford Rd, Columbia, MD, 21046-1803
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 02/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $277K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*