# PPP loan: GATTI-MORRISON CONSTR. SERVICE INC.
> **$487K** approved 04/09/2020 · Paid in Full · Loan `9406117004`
## Borrower
- **Name:** GATTI-MORRISON CONSTR. SERVICE INC.
- **Address:** 801 1ST AVE, KING OF PRUSSIA, PA, 19406-1461
- **NAICS:** 423390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $25K
- **Utilities:** $12K
- **Jobs reported:** 27
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*