# PPP loan: J&J EQUIPMENT RENTALS INC
> **$359K** approved 04/29/2020 · Paid in Full · Loan `3101367305`
## Borrower
- **Name:** J&J EQUIPMENT RENTALS INC
- **Address:** 11455 US Hwy 29, CHATHAM, VA, 24531
- **NAICS:** 532289
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $359K
- **Initial approval:** $359K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Health care:** $16K
- **Jobs reported:** 47
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*