# PPP loan: MORSE TECHNOLOGIES NETWORK CONSULTING, INC.
> **$216K** approved 04/15/2020 · Paid in Full · Loan `8749007101`
## Borrower
- **Name:** MORSE TECHNOLOGIES NETWORK CONSULTING, INC.
- **Address:** 12 STILES RD, SALEM, NH, 03079-2879
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $187K
- **Rent:** $8K
- **Utilities:** $3K
- **Health care:** $19K
- **Jobs reported:** 15
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*