# PPP loan: BUTCH'S AUTOMATIC CAR WASH
> **$194K** approved 04/16/2020 · Paid in Full · Loan `2302147202`
## Borrower
- **Name:** BUTCH'S AUTOMATIC CAR WASH
- **Address:** 170 Newman Springs Rd E, RED BANK, NJ, 07701
- **NAICS:** 525920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 54
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*