Kar Towing & Recovery, LLC

$32,500 PPP Loan in Pennsauken, New Jersey

Loan Details

Loan Number
1175217702
Date Approved
May 1, 2020
Loan Status
Exemption 4
Initial Approval
$32,500
Current Approval
$32,500
Forgiveness Amount
$27,996
Forgiveness Date
Feb 23, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Kar Towing & Recovery, LLC
Address
2250 Sherman Ave Unit A2
ZIP Code
08110
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Transportation and Warehousing (488410)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$26,000
Rent
$4,000
Utilities
$2,500

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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