# PPP loan: NATIONAL MOTORS INC.
> **$449K** approved 01/20/2021 · Paid in Full · Loan `1916138304`
## Borrower
- **Name:** NATIONAL MOTORS INC.
- **Address:** 8528 Baltimore National Pike, Ellicott City, MD, 21043-4203
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $449K
- **Initial approval:** $449K
- **Forgiven:** $453K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $449K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** LINKBANK
- **Servicing:** LINKBANK (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*