# PPP loan: MOTION ENERGY GROUP LLC
> **$1.08M** approved 01/22/2021 · Exemption 4 · Loan `3722348309`
## Borrower
- **Name:** MOTION ENERGY GROUP LLC
- **Address:** 8707 151st St, Wolfforth, TX, 79382-4387
- **NAICS:** 213112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $468K (43%)
- **Forgiveness date:** 01/13/2023
- **Status:** Exemption 4
- **Term:** 30 months
## Use of funds
- **Payroll:** $1.08M
- **Utilities:** $1
- **Jobs reported:** 57
## Lender
- **Originating:** Amarillo National Bank
- **Servicing:** Amarillo National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*