# PPP loan: MAJESKI MOTORS, INC
> **$220K** approved 04/07/2020 · Paid in Full · Loan `6646167003`
## Borrower
- **Name:** MAJESKI MOTORS, INC
- **Address:** 1701 East 4TH ST, STERLING, IL, 61081-2921
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 15
## Lender
- **Originating:** Sterling Federal Bank, F.S.B.
- **Servicing:** Sterling Federal Bank, F.S.B. (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*