# PPP loan: 2-C EQUIPMENT, LLC
> **$404K** approved 04/05/2020 · Paid in Full · Loan `5209097003`
## Borrower
- **Name:** 2-C EQUIPMENT, LLC
- **Address:** 276 PO Box, JARRELL, TX, 76537-0276
- **NAICS:** 532412
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $407K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Rent:** $40K
- **Utilities:** $40K
- **Jobs reported:** 29
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*