# PPP loan: EQUIPMENT LOGISTICS INC.
> **$153K** approved 01/27/2021 · Paid in Full · Loan `6660198309`
## Borrower
- **Name:** EQUIPMENT LOGISTICS INC.
- **Address:** 210 Campbell Dr, Hanceville, AL, 35077-8155
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 01/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Jobs reported:** 9
## Lender
- **Originating:** Premier Bank of the South
- **Servicing:** Premier Bank of the South (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*