# PPP loan: MOREMAN COMMUNITY GIN ASSOCIATION
> **$167K** approved 02/14/2021 · Paid in Full · Loan `8826638408`
## Borrower
- **Name:** MOREMAN COMMUNITY GIN ASSOCIATION
- **Address:** 10254 State Highway 35 S, Port Lavaca, TX, 77979-6270
- **NAICS:** 115111
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 02/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $166K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*