# PPP loan: MOTIVATION EXCELLENCE INC.
> **$524K** approved 02/03/2021 · Paid in Full · Loan `1963958404`
## Borrower
- **Name:** MOTIVATION EXCELLENCE INC.
- **Address:** 20 N Martingale Rd Ste 240, Schaumburg, IL, 60173-2416
- **NAICS:** 561990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $524K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*