# PPP loan: MGR EQUIPMENT CORP
> **$172K** approved 05/01/2020 · Paid in Full · Loan `6700967706`
## Borrower
- **Name:** MGR EQUIPMENT CORP
- **Address:** 22 Gates Ave, Inwood, NY, 11096
- **NAICS:** 333415
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $172K
- **Jobs reported:** 15
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*