# PPP loan: GEOQUIP MANUFACTURING INC
> **$492K** approved 01/23/2021 · Paid in Full · Loan `4228268308`
## Borrower
- **Name:** GEOQUIP MANUFACTURING INC
- **Address:** 1111 Cavalier Blvd, Chesapeake, VA, 23323-1505
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 103
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*