# PPP loan: MORAES TRANSPORTATION, INC
> **$162K** approved 04/13/2020 · Paid in Full · Loan `5590347102`
## Borrower
- **Name:** MORAES TRANSPORTATION, INC
- **Address:** 1969 Vermont Avenue, Clovis, CA, 93619
- **NAICS:** 722310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $162K
- **Jobs reported:** 23
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*