# PPP loan: FEDERAL EQUIPMENT COMPANY
> **$2.39M** approved 04/03/2020 · Paid in Full · Loan `4469317010`
## Borrower
- **Name:** FEDERAL EQUIPMENT COMPANY
- **Address:** 5298 River Rd, CINCINNATI, OH, 45233-1643
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.39M
- **Initial approval:** $2.39M
- **Forgiven:** $2.42M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.00M
- **Mortgage interest:** $300K
- **Utilities:** $95K
- **Jobs reported:** 167
## 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*