# PPP loan: CONSTRUCTION EQUIPMENT RENTALS, INC.
> **$228K** approved 04/28/2020 · Paid in Full · Loan `7405467210`
## Borrower
- **Name:** CONSTRUCTION EQUIPMENT RENTALS, INC.
- **Address:** 2229 Plainfield Pike, Johnston, RI, 02919
- **NAICS:** 532412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 8
## Lender
- **Originating:** BayCoast Bank
- **Servicing:** BayCoast Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*