# PPP loan: MJC AUTO ENTERPRISE
> **$568K** approved 04/03/2020 · Paid in Full · Loan `4352517007`
## Borrower
- **Name:** MJC AUTO ENTERPRISE
- **Address:** 2301 Rt 22 West, UNION, NJ, 07083-0121
- **NAICS:** 441120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $568K
- **Initial approval:** $604K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $568K
- **Jobs reported:** 44
## Lender
- **Originating:** Magyar Bank
- **Servicing:** Magyar Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*