# PPP loan: EQUITEQ INC.
> **$475K** approved 04/16/2020 · Paid in Full · Loan `2961237209`
## Borrower
- **Name:** EQUITEQ INC.
- **Address:** 122 E 42nd Street, New York, NY, 10168-0002
- **NAICS:** 813920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $475K
- **Initial approval:** $475K
- **Forgiven:** $479K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $475K
- **Jobs reported:** 27
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*