# PPP loan: CAPITAL WEALTH MANAGEMENT
> **$160K** approved 04/27/2020 · Paid in Full · Loan `4821587206`
## Borrower
- **Name:** CAPITAL WEALTH MANAGEMENT
- **Address:** 185 Fairfield Avenue Unit 4C, West Caldwell, NJ, 07006
- **NAICS:** 523920
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $99K (62%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 5
## Lender
- **Originating:** Kearny 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*