# PPP loan: CRYSTAL MOTORS INC
> **$1.69M** approved 04/07/2020 · Paid in Full · Loan `7281997006`
## Borrower
- **Name:** CRYSTAL MOTORS INC
- **Address:** 220 US HIGHWAY 22, GREEN BROOK, NJ, 08812-1911
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.69M
- **Initial approval:** $1.81M
- **Forgiven:** $1.70M (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.69M
- **Jobs reported:** 126
## 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*