# PPP loan: DROBACH EQUIPMENT RENTAL COMPANY, INC.
> **$528K** approved 04/13/2020 · Paid in Full · Loan `4826617103`
## Borrower
- **Name:** DROBACH EQUIPMENT RENTAL COMPANY, INC.
- **Address:** 2240 ROUTE 2240 EAST, UNION, NJ, 07083
- **NAICS:** 532412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $528K
- **Initial approval:** $528K
- **Forgiven:** $534K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $528K
- **Jobs reported:** 19
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*