# PPP loan: L C EQUIPMENT, INC.
> **$182K** approved 05/04/2020 · Paid in Full · Loan `1311797402`
## Borrower
- **Name:** L C EQUIPMENT, INC.
- **Address:** 320 S 25TH ST, PHOENIX, AZ, 85034-2603
- **NAICS:** 335224
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $112K (62%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Jobs reported:** 12
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*