# PPP loan: EXOTICS MOTORGROUP INC
> **$203K** approved 04/28/2020 · Charged Off · Loan `1294467307`
## Borrower
- **Name:** EXOTICS MOTORGROUP INC
- **Address:** 2400 W Braker lane Suite E, AUSTIN, TX, 78758
- **NAICS:** 712130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $143K (71%)
- **Forgiveness date:** 04/23/2021
- **Status:** Charged Off
- **Term:** 42 months
## Use of funds
- **Payroll:** $203K
- **Jobs reported:** 14
## Lender
- **Originating:** Zions Bank, A Division of
- **Servicing:** Zions Bank, A Division of (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*