# PPP loan: GEOQUIP MANUFACTURING INC.
> **$492K** approved 04/07/2020 · Paid in Full · Loan `7362287007`
## Borrower
- **Name:** GEOQUIP MANUFACTURING INC.
- **Address:** 1111 Cavalier Blvd, CHESAPEAKE, VA, 23323-1505
- **NAICS:** 333999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 01/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 55
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*