# PPP loan: MOTOWN CPL
> **$288K** approved 06/05/2020 · Paid in Full · Loan `8403387810`
## Borrower
- **Name:** MOTOWN CPL
- **Address:** 31847 GLENDALE ST, LIVONIA, MI, 48150-1828
- **NAICS:** 311812
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 03/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 44
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*