# PPP loan: ALLIED RENTALS INC.
> **$593K** approved 04/22/2021 · Paid in Full · Loan `8120098802`
## Borrower
- **Name:** ALLIED RENTALS INC.
- **Address:** 5640 Sunnyside Ave, Beltsville, MD, 20705-2213
- **NAICS:** 532310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $593K
- **Initial approval:** $593K
- **Forgiven:** $603K (102%)
- **Forgiveness date:** 12/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $593K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*