# PPP loan: THE MORRIS MUSEUM, INC.
> **$266K** approved 04/15/2020 · Paid in Full · Loan `8553157109`
## Borrower
- **Name:** THE MORRIS MUSEUM, INC.
- **Address:** 6 Normandy Heights Road, Morristown, NJ, 07960
- **NAICS:** 712110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $265K (99%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Utilities:** $15K
- **Health care:** $17K
- **Debt interest:** $16K
- **Jobs reported:** 30
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*