# PPP loan: MORTON DONUT INC.
> **$405K** approved 04/08/2020 · Paid in Full · Loan `7672437010`
## Borrower
- **Name:** MORTON DONUT INC.
- **Address:** 755 Main Street, SOUTH WEYMOUTH, MA, 02190-1632
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $444K
- **Forgiven:** $409K (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $405K
- **Jobs reported:** 91
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*