# PPP loan: MOROSO PERFORMANCE PRODUCTS, INC.
> **$1.27M** approved 04/06/2020 · Paid in Full · Loan `5679997007`
## Borrower
- **Name:** MOROSO PERFORMANCE PRODUCTS, INC.
- **Address:** 80 Carter Dr, GUILFORD, CT, 06437-2116
- **NAICS:** 336350
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.29M (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 99
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*