# PPP loan: MOTIF EVENTS INC
> **$444K** approved 02/13/2021 · Exemption 4 · Loan `8730228409`
## Borrower
- **Name:** MOTIF EVENTS INC
- **Address:** 1455 Estes Ave, Elk Grove Vlg, IL, 60007-5405
- **NAICS:** 541890
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $444K
- **Initial approval:** $444K
- **Forgiven:** $170K (38%)
- **Forgiveness date:** 08/04/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $444K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*