Morgan's Heavy Duty Towing LLC DBA Central Towing

$286,507 PPP Loan in Wall, New Jersey

Loan Details

Loan Number
2360847710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$286,507
Current Approval
$286,507
Forgiveness Amount
$291,070
Forgiveness Date
Dec 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan's Heavy Duty Towing LLC DBA Central Towing
Address
5130 W. Hurley Pond Rd
City
Wall
ZIP Code
07727
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Transportation and Warehousing (488410)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$221,030
Rent
$15,720
Utilities
$11,489
Health Care
$10,268
Debt Interest
$28,000

Lender Information

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

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