# PPP loan: R3 MOTORS, INC.
> **$400K** approved 04/27/2020 · Paid in Full · Loan `6301947202`
## Borrower
- **Name:** R3 MOTORS, INC.
- **Address:** 28400 Lorain Rd, NORTH OLMSTED, OH, 44070
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 10
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*