# PPP loan: MORGAN LI LLC
> **$984K** approved 04/05/2020 · Paid in Full · Loan `5568367003`
## Borrower
- **Name:** MORGAN LI LLC
- **Address:** 383 E. 16th Street, CHICAGO HEIGHTS, IL, 60411-3701
- **NAICS:** 423440
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $984K
- **Initial approval:** $980K
- **Forgiven:** $990K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $738K
- **Mortgage interest:** $148K
- **Utilities:** $98K
- **Jobs reported:** 77
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*