# PPP loan: RL MORGAN COMPANY INC
> **$1.51M** approved 04/05/2020 · Paid in Full · Loan `5433137007`
## Borrower
- **Name:** RL MORGAN COMPANY INC
- **Address:** 6249 W Pierson Rd, FLUSHING, MI, 48433-2338
- **NAICS:** 531210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.51M
- **Initial approval:** $1.51M
- **Forgiven:** $1.52M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.51M
- **Jobs reported:** 235
## Lender
- **Originating:** The State Bank
- **Servicing:** The State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*