# PPP loan: ADVANTAGE EQUIPMENT INC
> **$164K** approved 04/11/2020 · Paid in Full · Loan `2828477103`
## Borrower
- **Name:** ADVANTAGE EQUIPMENT INC
- **Address:** 1056 HOME AVE, AKRON, OH, 44310-3502
- **NAICS:** 335220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Rent:** $41K
- **Jobs reported:** 13
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*