# PPP loan: ALL STATE EQUIPMENT RENTAL, INC.
> **$622K** approved 04/06/2020 · Paid in Full · Loan `5766407003`
## Borrower
- **Name:** ALL STATE EQUIPMENT RENTAL, INC.
- **Address:** 150 OAKWOOD RD, LAKE ZURICH, IL, 60047-1517
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $628K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $622K
- **Jobs reported:** 41
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*