# PPP loan: BELL MOTORS, INC.
> **$575K** approved 04/11/2020 · Paid in Full · Loan `3338997108`
## Borrower
- **Name:** BELL MOTORS, INC.
- **Address:** 1200 STATE RT 27, COLONIA, NJ, 07067-3430
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $581K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Jobs reported:** 43
## Lender
- **Originating:** Peapack-Gladstone Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*