# PPP loan: G&S MOTOR EQUIPMENT CO INC
> **$1.78M** approved 04/13/2021 · Paid in Full · Loan `2608738800`
## Borrower
- **Name:** G&S MOTOR EQUIPMENT CO INC
- **Address:** 1800 HARRISON AVE, KEARNY, NJ, 07032
- **NAICS:** 562920
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.78M
- **Initial approval:** $1.78M
- **Forgiven:** $1.79M (100%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.78M
- **Jobs reported:** 133
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*