# PPP loan: MORRIS SCRAP METAL CO
> **$209K** approved 04/08/2020 · Paid in Full · Loan `7710907000`
## Borrower
- **Name:** MORRIS SCRAP METAL CO
- **Address:** 2045 Shelby Road, KINGS MOUNTAIN, NC, 28086-8970
- **NAICS:** 423510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $209K
- **Initial approval:** $209K
- **Forgiven:** $211K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank OZK
- **Servicing:** Bank OZK (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*