# PPP loan: MEMPHIS ICE MACHINE RENTALS COMPANY, INC.
> **$253K** approved 04/28/2020 · Paid in Full · Loan `8960787205`
## Borrower
- **Name:** MEMPHIS ICE MACHINE RENTALS COMPANY, INC.
- **Address:** 4130 DELP ST, MEMPHIS, TN, 38118-6926
- **NAICS:** 423740
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $14K
- **Utilities:** $5K
- **Health care:** $25K
- **Jobs reported:** 17
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*