# PPP loan: MOTELS OF BLOOMINGTON LLC
> **$160K** approved 01/20/2021 · Paid in Full · Loan `2228888307`
## Borrower
- **Name:** MOTELS OF BLOOMINGTON LLC
- **Address:** 1410 N Walnut St, Bloomington, IN, 47404-2403
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 10
## 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*