# PPP loan: NOLD'S EQUIPMENT INC
> **$199K** approved 04/15/2020 · Paid in Full · Loan `1843887210`
## Borrower
- **Name:** NOLD'S EQUIPMENT INC
- **Address:** 5529 MONLACO RD, LONG BEACH, CA, 90808-2625
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $212K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 12
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*