# PPP loan: EMPACO EQUIPMENT CORP
> **$618K** approved 02/07/2021 · Paid in Full · Loan `4835968406`
## Borrower
- **Name:** EMPACO EQUIPMENT CORP
- **Address:** 2958 Brecksville Rd, Richfield, OH, 44286-9747
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $618K
- **Initial approval:** $618K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $618K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*