# PPP loan: FEDERAL EQUIPMENT COMPANY
> **$2.00M** approved 02/06/2021 · Paid in Full · Loan `4308738405`
## Borrower
- **Name:** FEDERAL EQUIPMENT COMPANY
- **Address:** 5298 River Rd, Cincinnati, OH, 45233-1643
- **NAICS:** 333921
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 175
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*