# PPP loan: OILMATIC OF NEW JERSEY AND EASTERN PENNSYLVANIA INC.
> **$371K** approved 04/11/2020 · Paid in Full · Loan `3607287106`
## Borrower
- **Name:** OILMATIC OF NEW JERSEY AND EASTERN PENNSYLVANIA INC.
- **Address:** 6985 Airport Hwy Lane, MERCHANTVILLE, NJ, 08109
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Jobs reported:** 27
## 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*