PPP Loan information for Motivation excellence inc.

$524,148

Motivation excellence inc. was initially approved for PPP Loan of amount $524,148, the current approved amount is $524,148. The loan was approved on 02/03/2021 by The Cornerstone National Bank & Trust Company reported 27 jobs and $524,148 was used to fund payroll.

Motivation excellence inc. is Existing or more than 2 years old

PPP Loan Search / IL / Schaumburg / Motivation excellence inc.

MOTIVATION EXCELLENCE INC.

Date Approved

02/03/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MOTIVATION EXCELLENCE INC.

Borrower Address

20 N Martingale Rd Ste 240

Borrower City

Schaumburg

Borrower State

IL

Borrower Zip

60173-2416

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524147.50

Current Approval Amount

524147.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schaumburg

Project County Name

COOK

Project State

IL

Project Zip

60173-2416

CD

IL-08

Jobs Reported

27

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

524145.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

527787.41

Forgiveness Date

10/19/2021

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