# PPP loan: EQUIVEST DEVELOPMENT INC
> **$247K** approved 04/08/2020 · Paid in Full · Loan `8261817006`
## Borrower
- **Name:** EQUIVEST DEVELOPMENT INC
- **Address:** 1500 Walnut Street, Philadelphia, PA, 19102-3500
- **NAICS:** 531312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 17
## Lender
- **Originating:** Fulton Bank National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*