# PPP loan: MONMOUTH WIRE RECYCLING
> **$159K** approved 04/14/2020 · Paid in Full · Loan `6098307104`
## Borrower
- **Name:** MONMOUTH WIRE RECYCLING
- **Address:** 3250 Shafto Rd., Tinton Falls, NJ, 07753
- **NAICS:** 423930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $159K
- **Jobs reported:** 21
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** OceanFirst Bank, National Association (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*