# PPP loan: WORLDWIDE EQUIPMENT, INC
> **$4.24M** approved 04/10/2020 · Paid in Full · Loan `1763977104`
## Borrower
- **Name:** WORLDWIDE EQUIPMENT, INC
- **Address:** 73 WE Drive 0.0, Prestonsburg, KY, 41653-8799
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.24M
- **Initial approval:** $4.24M
- **Forgiven:** $4.30M (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.55M
- **Rent:** $193K
- **Utilities:** $60K
- **Health care:** $437K
- **Jobs reported:** 385
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*