# PPP loan: MORSE ARTS INC
> **$187K** approved 02/13/2021 · Paid in Full · Loan `8167528405`
## Borrower
- **Name:** MORSE ARTS INC
- **Address:** 636 OLD COUNTY RD, WEST TISBURY, MA, 02575
- **NAICS:** 453920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 01/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Martha's Vineyard Bank
- **Servicing:** Martha's Vineyard Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*