# PPP loan: ARIZONA CNC EQUIPMENT LLC
> **$184K** approved 04/28/2020 · Paid in Full · Loan `9050957203`
## Borrower
- **Name:** ARIZONA CNC EQUIPMENT LLC
- **Address:** 1205 SOUTH PARK LN SUITE 2, TEMPE, AZ, 85281-6926
- **NAICS:** 454390
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $186K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $157K
- **Rent:** $18K
- **Utilities:** $9K
- **Jobs reported:** 8
## 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*