# PPP loan: MATTSPELL MOTORS INC.
> **$652K** approved 04/08/2020 · Paid in Full · Loan `8631147004`
## Borrower
- **Name:** MATTSPELL MOTORS INC.
- **Address:** 7255 GRAND AVE, GURNEE, IL, 60031-5270
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $652K
- **Initial approval:** $652K
- **Forgiven:** $656K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $652K
- **Jobs reported:** 51
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*