# PPP loan: EQUIPMENT REPAINTING SERVICES, INC.
> **$332K** approved 04/13/2020 · Paid in Full · Loan `5289787106`
## Borrower
- **Name:** EQUIPMENT REPAINTING SERVICES, INC.
- **Address:** 2760 Jordan Lane NW, HUNTSVILLE, AL, 35816-1016
- **NAICS:** 532490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Rent:** $22K
- **Mortgage interest:** $37K
- **Utilities:** $8K
- **Jobs reported:** 23
## Lender
- **Originating:** CB&S Bank
- **Servicing:** CB&S Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*