# PPP loan: AMORTECH EQUIP RENTAL INC
> **$331K** approved 05/01/2020 · Paid in Full · Loan `5229717704`
## Borrower
- **Name:** AMORTECH EQUIP RENTAL INC
- **Address:** 13136 20TH AVE, COLLEGE POINT, NY, 11356-2437
- **NAICS:** —
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $331K
- **Initial approval:** $331K
- **Forgiven:** $338K (102%)
- **Forgiveness date:** 07/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $331K
- **Jobs reported:** 11
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*