# PPP loan: MOOVEL NORTH AMERICA LLC
> **$510K** approved 03/10/2021 · Exemption 4 · Loan `8481448501`
## Borrower
- **Name:** MOOVEL NORTH AMERICA LLC
- **Address:** 217 NW 4th Ave, Portland, OR, 97209-3805
- **NAICS:** 511210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $510K
- **Initial approval:** $572K
- **Forgiven:** $321K (63%)
- **Forgiveness date:** 01/28/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $510K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*