# PPP loan: MORGAN GALLACHER, INC.
> **$801K** approved 04/08/2020 · Paid in Full · Loan `8658457003`
## Borrower
- **Name:** MORGAN GALLACHER, INC.
- **Address:** 8707 MILLERGROVE DR, SANTA FE SPRINGS, CA, 90670-2001
- **NAICS:** 325199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $801K
- **Initial approval:** $801K
- **Forgiven:** $805K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $801K
- **Jobs reported:** 55
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*