Motivation Excellence, INC

$524,147 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
6524007210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$524,147
Current Approval
$524,147
Forgiveness Amount
$528,311
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Motivation Excellence, INC
Address
1834 Walden Office Square, Suite 400
ZIP Code
60173-4259
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541614)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$419,318
Rent
$52,415
Utilities
$26,207
Debt Interest
$26,207

Lender Information

Servicing Lender
Cornerstone National Bank & Trust Company
Originating Lender
Cornerstone National Bank & Trust Company

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