# PPP loan: NORTHERN MOTORS INC
> **$251K** approved 04/14/2021 · Paid in Full · Loan `3161008801`
## Borrower
- **Name:** NORTHERN MOTORS INC
- **Address:** 11511 Fox Cross Rd, Ashland, VA, 23005-8055
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 17
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*