As part of the Paycheck Protection Program MORRISTOWN MOTORS, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MORRISTOWN MOTORS, INC


Loan Amount	$2,028,900
BusinessName	MORRISTOWN MOTORS, INC
Address	169 RIDGEDALE AVE
City	MORRISTOWN
State	NJ
Zip	7960
NAICSCode	441110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	150
DateApproved	04/10/2020
Lender	Peapack-Gladstone Bank
CD	NJ-11
BusinessName.clean	MORRISTOWN MOTORS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MORRISTOWN PATHOLOGY ASSOC PA
MORRISTOWN POST ACUTE REHABILITATION AND NURSING CENTER
MORRISTOWNBEARD SCHOOL
MORRISVILLE AUXILIARY OF STATE UNIV OF AG TECH AT MORRISVI
MORRLAND HEALTHCARE