# PPP loan: MORGAN BUSINESS CONSULTING, LLC
> **$2.35M** approved 04/06/2020 · Exemption 4 · Loan `6283727005`
## Borrower
- **Name:** MORGAN BUSINESS CONSULTING, LLC
- **Address:** 2550 S. CLARK ST SUITE 410, ARLINGTON, VA, 22202-3961
- **NAICS:** 541611
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.35M
- **Initial approval:** $2.35M
- **Forgiven:** $1.99M (85%)
- **Forgiveness date:** 09/10/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.23M
- **Mortgage interest:** $118K
- **Jobs reported:** 125
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*