# PPP loan: METUCHEN CAPACITORS INC
> **$180K** approved 01/27/2021 · Paid in Full · Loan `6789168301`
## Borrower
- **Name:** METUCHEN CAPACITORS INC
- **Address:** 2139 Hyw 35, Holmdel, NJ, 07733
- **NAICS:** 334416
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 15
## Lender
- **Originating:** Santander Bank, National Association
- **Servicing:** Santander Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*