# PPP loan: MOE DISTRIBUTORS, INC.
> **$212K** approved 04/13/2020 · Paid in Full · Loan `5695427109`
## Borrower
- **Name:** MOE DISTRIBUTORS, INC.
- **Address:** 55 ABBETT AVE, MORRISTOWN, NJ, 07960-4219
- **NAICS:** 423710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $212K
- **Initial approval:** $264K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $212K
- **Jobs reported:** 20
## Lender
- **Originating:** Peapack-Gladstone 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*