# PPP loan: CUSTOM EQUIPMENT DESIGN, INC.
> **$228K** approved 04/16/2020 · Paid in Full · Loan `2599407208`
## Borrower
- **Name:** CUSTOM EQUIPMENT DESIGN, INC.
- **Address:** 1057 HIGHWAY 80 E, MONROE, LA, 71203
- **NAICS:** 333993
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $232K (102%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $208K
- **Health care:** $20K
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*