# PPP loan: IMPORTED CARS OF OCEAN INC
> **$598K** approved 05/11/2021 · Paid in Full · Loan `8258878901`
## Borrower
- **Name:** IMPORTED CARS OF OCEAN INC
- **Address:** 909 Route 35 North, Ocean Township, NJ, 07712
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $598K
- **Initial approval:** $598K
- **Forgiven:** $603K (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $598K
- **Jobs reported:** 38
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*