# PPP loan: TREND MOTORS LTD
> **$798K** approved 04/11/2020 · Paid in Full · Loan `3529467105`
## Borrower
- **Name:** TREND MOTORS LTD
- **Address:** 221 Route 46, ROCKAWAY, NJ, 07866-3848
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $798K
- **Initial approval:** $798K
- **Forgiven:** $804K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $638K
- **Utilities:** $160K
- **Jobs reported:** 58
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*