# PPP loan: MORRIS ELECTRIC CO INC
> **$188K** approved 04/15/2020 · Paid in Full · Loan `9344107103`
## Borrower
- **Name:** MORRIS ELECTRIC CO INC
- **Address:** 3933 PRODUCE RD, LOUISVILLE, KY, 40218-3005
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 20
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*