# PPP loan: S. J. MORSE COMPANY
> **$314K** approved 04/07/2020 · Paid in Full · Loan `6704537006`
## Borrower
- **Name:** S. J. MORSE COMPANY
- **Address:** 2736 NORTHWESTERN PIKE, CAPON BRIDGE, WV, 26711-4502
- **NAICS:** 321211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $269K
- **Forgiven:** $317K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $236K
- **Utilities:** $79K
- **Jobs reported:** 24
## Lender
- **Originating:** The Bank of Romney
- **Servicing:** The Bank of Romney (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*