# PPP loan: FREEHOLD CARTAGE INC
> **$4.74M** approved 04/13/2020 · Paid in Full · Loan `4861367106`
## Borrower
- **Name:** FREEHOLD CARTAGE INC
- **Address:** 825 Highway 33 PO Box 5010, FREEHOLD, NJ, 07728
- **NAICS:** 562111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.74M
- **Initial approval:** $4.74M
- **Forgiven:** $4.81M (101%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.74M
- **Jobs reported:** 280
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*