# PPP loan: MOORHEAD MARINE INC
> **$153K** approved 02/14/2021 · Paid in Full · Loan `8999228401`
## Borrower
- **Name:** MOORHEAD MARINE INC
- **Address:** 5608 Highway 75 S, Moorhead, MN, 56560-7411
- **NAICS:** 441222
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Gate City Bank
- **Servicing:** Gate City Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*