# PPP loan: FEDERAL EQUIPMENT DEALERS, INCORPORATED
> **$195K** approved 04/13/2020 · Paid in Full · Loan `5723367102`
## Borrower
- **Name:** FEDERAL EQUIPMENT DEALERS, INCORPORATED
- **Address:** 4800 SUMMER AVENUE, MEMPHIS, TN, 38122-4721
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 20
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*