123 TOWING INC (NJ) - 2020 PPP Loan Borrower Profile (# 7790618405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 123 TOWING INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Jersey.

Loan Detail

Loan Number

7790618405

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$4,780

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$4,847.97

Date Loan was Forgiven

Jul 25, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

4,779

Lender

Northeast Bank

Business Detail

Business Type

Corporation

NAICS

488410

Borrower Location

Passaic, NJ

Project Location

Passaic, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.