# PPP loan: MOTOR SPORTS OF LOUISVILLE, INC
> **$318K** approved 04/14/2020 · Paid in Full · Loan `6591907100`
## Borrower
- **Name:** MOTOR SPORTS OF LOUISVILLE, INC
- **Address:** 1700 Arthur Street, LOUISVILLE, KY, 40208-2778
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $48K
- **Utilities:** $16K
- **Jobs reported:** 30
## Lender
- **Originating:** Stock Yards Bank and Trust Company
- **Servicing:** Stock Yards Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*