# PPP loan: MOR-CON INC.
> **$168K** approved 02/09/2021 · Paid in Full · Loan `5702128402`
## Borrower
- **Name:** MOR-CON INC.
- **Address:** 101 FM 22 E, Jacksonville, TX, 75766-6414
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (100%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $168K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Texas National Bank of Jacksonville
- **Servicing:** Texas National Bank of Jacksonville (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*