# PPP loan: HORSELESS CARRIAGE CARRIERS INC
> **$396K** approved 04/11/2020 · Paid in Full · Loan `2867887100`
## Borrower
- **Name:** HORSELESS CARRIAGE CARRIERS INC
- **Address:** 61 Lowa Avenue, PATERSON, NJ, 07503
- **NAICS:** 484230
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $403K (102%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Jobs reported:** 23
## 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*