# PPP loan: MORRIS & D'ANGELO
> **$502K** approved 05/01/2020 · Exemption 4 · Loan `5197427705`
## Borrower
- **Name:** MORRIS & D'ANGELO
- **Address:** 1046 W TAYLOR ST STE 200, SAN JOSE, CA, 95126-1815
- **NAICS:** 541211
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $502K
- **Initial approval:** $323K
- **Forgiven:** $309K (62%)
- **Forgiveness date:** 05/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $502K
- **Jobs reported:** 31
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*