# PPP loan: MULTIQUIP INDUSTRIES CORP
> **$150K** approved 05/18/2021 · Paid in Full · Loan `3420879000`
## Borrower
- **Name:** MULTIQUIP INDUSTRIES CORP
- **Address:** 22603 La Palma Ave Ste 303, Yorba Linda, CA, 92887-4762
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 10/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*