# PPP loan: MOTORS ACCEPTANCE CORPORATON
> **$308K** approved 04/09/2020 · Paid in Full · Loan `9642297003`
## Borrower
- **Name:** MOTORS ACCEPTANCE CORPORATON
- **Address:** 216  13TH ST, COLUMBUS, GA, 31901-2137
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 25
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*