# PPP loan: MORREY'S CONTRACTING LLC
> **$317K** approved 02/11/2021 · Paid in Full · Loan `7076258407`
## Borrower
- **Name:** MORREY'S CONTRACTING LLC
- **Address:** 1528 Woodward Ave, Detroit, MI, 48226-2005
- **NAICS:** 238110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $317K
- **Initial approval:** $317K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 03/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $317K
- **Utilities:** $1
- **Jobs reported:** 252
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*