# PPP loan: MOTIVAIR CORPORATION
> **$533K** approved 04/15/2020 · Paid in Full · Loan `8729257109`
## Borrower
- **Name:** MOTIVAIR CORPORATION
- **Address:** 85 Woodridge Drive, Amherst, NY, 14228
- **NAICS:** 333415
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $495K
- **Health care:** $38K
- **Jobs reported:** 29
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*