# PPP loan: INMOTIONNOW, INC.
> **$1.39M** approved 04/10/2020 · Paid in Full · Loan `2404007109`
## Borrower
- **Name:** INMOTIONNOW, INC.
- **Address:** 215 Southport Drive, Suite 1000, MORRISVILLE, NC, 27560-6671
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.39M
- **Initial approval:** $1.39M
- **Forgiven:** $1.41M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Rent:** $34K
- **Utilities:** $8K
- **Debt interest:** $216K
- **Jobs reported:** 75
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*