# PPP loan: MOTORSINC LLC
> **$249K** approved 04/07/2020 · Paid in Full · Loan `6651447009`
## Borrower
- **Name:** MOTORSINC LLC
- **Address:** 148 NW HIGHWAY 7, CLINTON, MO, 64735-9642
- **NAICS:** 441210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $249K
- **Initial approval:** $249K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Rent:** $25K
- **Utilities:** $4K
- **Health care:** $21K
- **Jobs reported:** 34
## Lender
- **Originating:** Hawthorn Bank
- **Servicing:** Hawthorn Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*