# PPP loan: KARL & MORRIS ASSOCIATES INC
> **$261K** approved 02/13/2021 · Paid in Full · Loan `8778908400`
## Borrower
- **Name:** KARL & MORRIS ASSOCIATES INC
- **Address:** 287 Boulevard Ste 1, Pompton Plains, NJ, 07444-1726
- **NAICS:** 453210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $261K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*