# PPP loan: RAFTER EQUIPMENT CORPORATION
> **$455K** approved 02/11/2021 · Paid in Full · Loan `6980158405`
## Borrower
- **Name:** RAFTER EQUIPMENT CORPORATION
- **Address:** 12430 Alameda Dr, Strongsville, OH, 44149-3025
- **NAICS:** 333519
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $458K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $455K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*