# PPP loan: MORGAN LEETON, PC
> **$188K** approved 04/15/2020 · Paid in Full · Loan `8985687108`
## Borrower
- **Name:** MORGAN LEETON, PC
- **Address:** 400 W. Illinois Ste. 120, MIDLAND, TX, 79701-4348
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 7
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*