# PPP loan: CONTRACTORS EQUIPMENT RENTALS, INC.
> **$162K** approved 04/04/2020 · Paid in Full · Loan `4891987007`
## Borrower
- **Name:** CONTRACTORS EQUIPMENT RENTALS, INC.
- **Address:** 1021 S. State Route 83, ELMHURST, IL, 60126-4966
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $20K
- **Utilities:** $20K
- **Jobs reported:** 18
## Lender
- **Originating:** Community Bank of Elmhurst
- **Servicing:** Community Bank of Elmhurst (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*