Morristown Motors Inc.
$1,700,000 PPP Loan in Morristown, New Jersey
Loan Details
- Loan Number
- 2276008502
- Date Approved
- Feb 20, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,700,000
- Current Approval
- $1,700,000
- Forgiveness Amount
- $1,721,797
- Forgiveness Date
- Jun 9, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Morristown Motors Inc.
- Address
- 169 Ridgedale Ave
- City
- Morristown
- State
- New Jersey
- ZIP Code
- 07960-4069
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- Toyota Motors Sales, U.s.a., Inc. - Dealer Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 158
- Estimated Revenue
- $39.8M
- Rural/Urban
- Urban
- Congressional District
- NJ-11
Loan Use Breakdown
- Payroll
- $1,699,996
- Utilities
- $1
Lender Information
- Servicing Lender
- Loan Source Incorporated
- Originating Lender
- Peapack-Gladstone Bank
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