# PPP loan: DALE MOTOR CORP
> **$626K** approved 04/13/2020 · Paid in Full · Loan `5372497103`
## Borrower
- **Name:** DALE MOTOR CORP
- **Address:** 3001 Route 1, LAWRENCE TOWNSHIP, NJ, 08648-2405
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $626K
- **Jobs reported:** 46
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*