# PPP loan: ALLSTATE EQUIPMENT CO INC
> **$180K** approved 04/10/2020 · Paid in Full · Loan `1543647108`
## Borrower
- **Name:** ALLSTATE EQUIPMENT CO INC
- **Address:** 1201 MCCLOUD RD, CHESAPEAKE, VA, 23320-6325
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 04/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Utilities:** $45K
- **Jobs reported:** 17
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*