# PPP loan: MORGAN SCIENTIFIC INC
> **$411K** approved 04/14/2020 · Paid in Full · Loan `7901617108`
## Borrower
- **Name:** MORGAN SCIENTIFIC INC
- **Address:** 151 ESSEX STREET, HAVERHILL, MA, 01832-5564
- **NAICS:** 423810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $414K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Jobs reported:** 24
## Lender
- **Originating:** Methuen Co-Operative Bank
- **Servicing:** Methuen Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*