# PPP loan: MOREHEAD WINGS, L.L.C.
> **$174K** approved 04/09/2020 · Paid in Full · Loan `9683457010`
## Borrower
- **Name:** MOREHEAD WINGS, L.L.C.
- **Address:** 5136 Hwy 70 W Ste B, MOREHEAD CITY, NC, 28557
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $139K
- **Rent:** $12K
- **Mortgage interest:** $12K
- **Utilities:** $12K
- **Jobs reported:** 38
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*