# PPP loan: REGIER EQUIPMENT CO., INC
> **$180K** approved 04/03/2020 · Paid in Full · Loan `4551817006`
## Borrower
- **Name:** REGIER EQUIPMENT CO., INC
- **Address:** 33685 Highway 23, MADRID, NE, 69150-4149
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Utilities:** $15K
- **Jobs reported:** 11
## Lender
- **Originating:** Sandhills State Bank
- **Servicing:** Sandhills State Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*