# PPP loan: PARK AVENUE MOTOR CORP
> **$2.62M** approved 04/09/2020 · Paid in Full · Loan `9880817010`
## Borrower
- **Name:** PARK AVENUE MOTOR CORP
- **Address:** 250 W Passaic St, MAYWOOD, NJ, 07607-1254
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.62M
- **Initial approval:** $2.62M
- **Forgiven:** $2.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.62M
- **Jobs reported:** 160
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*