# PPP loan: MOTWC CORP
> **$279K** approved 02/04/2021 · Paid in Full · Loan `3306338405`
## Borrower
- **Name:** MOTWC CORP
- **Address:** 8701 Georgia Ave Ste LL1, Silver Spring, MD, 20910-3722
- **NAICS:** 621340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $279K
- **Initial approval:** $279K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 10/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $279K
- **Jobs reported:** 27
## Lender
- **Originating:** Forbright Bank
- **Servicing:** Forbright Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*