# PPP loan: ALLSTATE RESTAURANT EQUIPMENT CO. INC
> **$176K** approved 02/10/2021 · Paid in Full · Loan `6422318400`
## Borrower
- **Name:** ALLSTATE RESTAURANT EQUIPMENT CO. INC
- **Address:** 870 S Elm St, Greensboro, NC, 27406-1332
- **NAICS:** 423440
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 06/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $176K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*