# PPP loan: MOTOR INN OF KNOXVILLE, LLC
> **$240K** approved 04/13/2020 · Paid in Full · Loan `5116537103`
## Borrower
- **Name:** MOTOR INN OF KNOXVILLE, LLC
- **Address:** 1705 N Lincoln Street PO Box 651, KNOXVILLE, IA, 50138-3457
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $242K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 22
## Lender
- **Originating:** Marion County State Bank
- **Servicing:** Marion County State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*