# PPP loan: MORBERN USA INC
> **$399K** approved 04/28/2020 · Paid in Full · Loan `9457987203`
## Borrower
- **Name:** MORBERN USA INC
- **Address:** 401 FRALEY RD, High Point, NC, 27263-1715
- **NAICS:** 313320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $399K
- **Initial approval:** $399K
- **Forgiven:** $358K (90%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $399K
- **Jobs reported:** 40
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*