# PPP loan: RESETAR EQUIPMENT INC.
> **$392K** approved 03/23/2021 · Paid in Full · Loan `6608008606`
## Borrower
- **Name:** RESETAR EQUIPMENT INC.
- **Address:** 26950 Van Born Rd, Dearborn Heights, MI, 48125-1206
- **NAICS:** 332312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $394K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $392K
- **Jobs reported:** 22
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*