# PPP loan: MOTLEY RICE NEW JERSEY LLC
> **$174K** approved 04/27/2020 · Paid in Full · Loan `5439027206`
## Borrower
- **Name:** MOTLEY RICE NEW JERSEY LLC
- **Address:** 210 LAKE DR, CHERRY HILL, NJ, 08002-1163
- **NAICS:** 541110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 6
## Lender
- **Originating:** The Bank of South Carolina
- **Servicing:** The Bank of South Carolina (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*