# PPP loan: A-Z RESTAURANT EQUIPMENT CO.
> **$153K** approved 04/07/2020 · Paid in Full · Loan `7381787010`
## Borrower
- **Name:** A-Z RESTAURANT EQUIPMENT CO.
- **Address:** 3804 BRICKTON RD, PRINCETON, MN, 55371-6159
- **NAICS:** 423830
- **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:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $122K
- **Rent:** $23K
- **Utilities:** $7K
- **Jobs reported:** 44
## Lender
- **Originating:** Lake Elmo Bank
- **Servicing:** Lake Elmo Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*