# PPP loan: EQUIPMENT & SUPPLY INC.
> **$988K** approved 04/30/2020 · Paid in Full · Loan `5083567300`
## Borrower
- **Name:** EQUIPMENT & SUPPLY INC.
- **Address:** 4507 W HIGHWAY 74, MONROE, NC, 28110-0430
- **NAICS:** 333924
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $988K
- **Initial approval:** $988K
- **Forgiven:** $998K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $988K
- **Jobs reported:** 70
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*