Budget Boat Towing & Salvage Inc.

$83,032 PPP Loan in Brick Township, New Jersey

Loan Details

Loan Number
7822837106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$83,032
Current Approval
$83,032
Forgiveness Amount
$83,819
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Budget Boat Towing & Salvage Inc.
Address
157 Mantoloking Road
ZIP Code
08723
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (483211)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-04

Loan Use Breakdown

Payroll
$62,674
Rent
$10,000
Utilities
$1,000
Health Care
$3,108
Mortgage Interest
$5,000
Debt Interest
$1,250

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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