# PPP loan: MORGAN STEEL LLC
> **$1.80M** approved 04/06/2020 · Paid in Full · Loan `6134867008`
## Borrower
- **Name:** MORGAN STEEL LLC
- **Address:** 1207 RIVERSIDE BLVD, MEMPHIS, TN, 38106-2502
- **NAICS:** 423510
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.80M
- **Initial approval:** $1.80M
- **Forgiven:** $1.83M (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.80M
- **Jobs reported:** 130
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*