# PPP loan: CE RENTAL INC.
> **$3.23M** approved 04/08/2020 · Paid in Full · Loan `8330607007`
## Borrower
- **Name:** CE RENTAL INC.
- **Address:** 4300 CRAFTSMAN DR, RALEIGH, NC, 27609-6272
- **NAICS:** 561920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.23M
- **Initial approval:** $3.23M
- **Forgiven:** $3.00M (93%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.46M
- **Rent:** $280K
- **Mortgage interest:** $368K
- **Utilities:** $130K
- **Jobs reported:** 373
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*