# PPP loan: RAY CATENA MOTORS OF MARLBORO, LLC
> **$750K** approved 04/15/2020 · Paid in Full · Loan `8427697106`
## Borrower
- **Name:** RAY CATENA MOTORS OF MARLBORO, LLC
- **Address:** 480 RT 9, Marlboro, NJ, 07751-0000
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $750K
- **Initial approval:** $750K
- **Forgiven:** $670K (89%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $750K
- **Jobs reported:** 29
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*