# PPP loan: MORRISONS AUTO INC.
> **$796K** approved 04/08/2020 · Paid in Full · Loan `8376217003`
## Borrower
- **Name:** MORRISONS AUTO INC.
- **Address:** 6307 STATE ROAD 59, EDGERTON, WI, 53534-9420
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $796K
- **Initial approval:** $796K
- **Forgiven:** $802K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $597K
- **Rent:** $100K
- **Utilities:** $100K
- **Jobs reported:** 88
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*