# PPP loan: TOWN MOTOR CAR CORP
> **$1.46M** approved 04/07/2020 · Paid in Full · Loan `6519807002`
## Borrower
- **Name:** TOWN MOTOR CAR CORP
- **Address:** 400 S. DEAN STREET, ENGLEWOOD, NJ, 07631-4138
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.46M
- **Initial approval:** $1.46M
- **Forgiven:** $1.47M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Jobs reported:** 75
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*