# PPP loan: MOTION DYNAMICS POWER SERVICES  INC.
> **$292K** approved 02/06/2021 · Paid in Full · Loan `4236718410`
## Borrower
- **Name:** MOTION DYNAMICS POWER SERVICES  INC.
- **Address:** 367 Hollow Hill Rd, Wauconda, IL, 60084-9794
- **NAICS:** 335312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 01/12/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 21
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*