Towne Motor Inc.

$996,392 PPP Loan in Ledgewood, New Jersey

Loan Details

Loan Number
2736938708
Date Approved
Mar 30, 2021
Loan Status
Paid in Full
Initial Approval
$996,392
Current Approval
$996,392
Forgiveness Amount
$1,005,692
Forgiveness Date
Mar 9, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Towne Motor Inc.
Address
1499 US Highway 46
ZIP Code
07852-9715
Business Type
Subchapter S 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
68
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$996,386
Utilities
$1

Lender Information

Servicing Lender
Toyota Financial Savings Bank
Originating Lender
Toyota Financial Savings Bank

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