# PPP loan: MORGAN COMPOSTING, INC
> **$274K** approved 04/28/2020 · Paid in Full · Loan `9684987203`
## Borrower
- **Name:** MORGAN COMPOSTING, INC
- **Address:** 538 80th Ave, Evart, MI, 49631
- **NAICS:** 325314
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 32
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*