# PPP loan: EQUIPMENT 4 LESS LLC
> **$392K** approved 04/27/2020 · Charged Off · Loan `3626507204`
## Borrower
- **Name:** EQUIPMENT 4 LESS LLC
- **Address:** 1312 Riverview Drive NW, ALBUQUERQUE, NM, 87105
- **NAICS:** 532490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $265K (68%)
- **Forgiveness date:** 12/03/2021
- **Status:** Charged Off
- **Term:** 14 months
## Use of funds
- **Payroll:** $392K
- **Jobs reported:** 54
## Lender
- **Originating:** Mountain America FCU
- **Servicing:** Mountain America FCU (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*