# PPP loan: JOE HEIDT MOTORS CORP
> **$578K** approved 05/19/2020 · Paid in Full · Loan `9125957405`
## Borrower
- **Name:** JOE HEIDT MOTORS CORP
- **Address:** 515 ROUTE #17, RAMSEY, NJ, 07446
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $578K
- **Initial approval:** $578K
- **Forgiven:** $586K (101%)
- **Forgiveness date:** 09/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Jobs reported:** 42
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*