# PPP loan: MOTOWN HISTORICAL MUSEUM INC.
> **$229K** approved 01/28/2021 · Paid in Full · Loan `7517188308`
## Borrower
- **Name:** MOTOWN HISTORICAL MUSEUM INC.
- **Address:** 2648 W Grand Blvd, Detroit, MI, 48208-1237
- **NAICS:** 712110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $229K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** First Independence Bank
- **Servicing:** First Independence Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*