# PPP loan: EJ EQUIPMENT INC.
> **$741K** approved 01/27/2021 · Paid in Full · Loan `6863038307`
## Borrower
- **Name:** EJ EQUIPMENT INC.
- **Address:** 6963 N 3000E Rd, Manteno, IL, 60950-3022
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $741K
- **Initial approval:** $741K
- **Forgiven:** $746K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $741K
- **Utilities:** $1
- **Jobs reported:** 77
## Lender
- **Originating:** State Bank of Herscher
- **Servicing:** State Bank of Herscher (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*