# PPP loan: SLP MOTORS, LLC
> **$1.54M** approved 04/11/2020 · Paid in Full · Loan `2932707100`
## Borrower
- **Name:** SLP MOTORS, LLC
- **Address:** 2370 South Highway 100, St Louis Park, MN, 55416
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.54M
- **Initial approval:** $1.54M
- **Forgiven:** $993K (65%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.54M
- **Jobs reported:** 125
## Lender
- **Originating:** Toyota Financial Savings Bank
- **Servicing:** Toyota Financial Savings Bank (NV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*