# PPP loan: L.J. MORSE CONSTRUCTION CO.
> **$601K** approved 04/06/2020 · Paid in Full · Loan `5781767004`
## Borrower
- **Name:** L.J. MORSE CONSTRUCTION CO.
- **Address:** 128 S. Broadway, AURORA, IL, 60505-4203
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $601K
- **Initial approval:** $608K
- **Forgiven:** $605K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Rent:** $150K
- **Jobs reported:** 34
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*