PPP Loan information for Motivation excellence, inc

$524,147

Motivation excellence, inc was initially approved for PPP Loan of amount $524,147, the current approved amount is $524,147. The loan was approved on 04/28/2020 by The Cornerstone National Bank & Trust Company reported 27 jobs and $524,147 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

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MOTIVATION EXCELLENCE, INC

Borrower Address

1834 Walden Office Square, Suite 400

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4259

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524147.00

Current Approval Amount

524147.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-4259

CD

IL-08

Jobs Reported

27

NAICS Code

541614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26207.35

Payroll Proceed

419317.60

Mortgage Interest Proceed

0.00

Rent Proceed

52414.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

26207.35

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

528311.06

Forgiveness Date

02/18/2021

;