# PPP loan: MOR DRILLING, LLC
> **$1.07M** approved 04/08/2020 · Paid in Full · Loan `8042907009`
## Borrower
- **Name:** MOR DRILLING, LLC
- **Address:** PO Box 310, MERKEL, TX, 79536
- **NAICS:** 211120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 70
## Lender
- **Originating:** Clear Fork Bank National Association
- **Servicing:** Clear Fork Bank National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*