# PPP loan: GALLUZZO BROTHERS CARTING, INC.
> **$295K** approved 04/06/2020 · Paid in Full · Loan `5690867004`
## Borrower
- **Name:** GALLUZZO BROTHERS CARTING, INC.
- **Address:** 82 PEDDIE ST, NEWARK, NJ, 07114-1401
- **NAICS:** 562111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $249K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $98K
- **Rent:** $98K
- **Utilities:** $98K
- **Jobs reported:** 22
## 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*