# PPP loan: MOTIVATIT SEAFOODS INC
> **$203K** approved 04/14/2020 · Paid in Full · Loan `6188727105`
## Borrower
- **Name:** MOTIVATIT SEAFOODS INC
- **Address:** 412 PALM AVE, HOUMA, LA, 70364-3400
- **NAICS:** 311710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $203K
- **Initial approval:** $203K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $20K
- **Debt interest:** $33K
- **Jobs reported:** 28
## Lender
- **Originating:** Synergy Bank
- **Servicing:** Synergy Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*