# PPP loan: MORRIS MANUFACTURING & SALES CORP.
> **$1.55M** approved 03/26/2021 · Paid in Full · Loan `9837658610`
## Borrower
- **Name:** MORRIS MANUFACTURING & SALES CORP.
- **Address:** 1015 E Mechanic St, Brazil, IN, 47834-3321
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 06/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.55M
- **Utilities:** $1
- **Jobs reported:** 157
## Lender
- **Originating:** First Farmers Bank & Trust Co.
- **Servicing:** First Farmers Bank & Trust Co. (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*