# PPP loan: MORELLA & ASSOCIATES, A PROFESSIONAL CORPORATION
> **$242K** approved 04/28/2020 · Paid in Full · Loan `7371567206`
## Borrower
- **Name:** MORELLA & ASSOCIATES, A PROFESSIONAL CORPORATION
- **Address:** 706 ROCHESTER RD, PITTSBURGH, PA, 15237-1706
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $245K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Mortgage interest:** $12K
- **Utilities:** $2K
- **Jobs reported:** 12
## Lender
- **Originating:** Standard Bank, A Division of Dollar Bank, Federal Savings Bank
- **Servicing:** Dollar Bank, A Federal Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*