# PPP loan: RENT-E-QUIP INC.
> **$306K** approved 01/17/2021 · Paid in Full · Loan `1348078300`
## Borrower
- **Name:** RENT-E-QUIP INC.
- **Address:** 2600 Boulevard Ste E, Colonial Heights, VA, 23834-2315
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $306K
- **Initial approval:** $306K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $306K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Touchstone Bank
- **Servicing:** Touchstone Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*