# PPP loan: PLACER EQUIPMENT RENTALS INC
> **$298K** approved 04/28/2020 · Paid in Full · Loan `9217697200`
## Borrower
- **Name:** PLACER EQUIPMENT RENTALS INC
- **Address:** 2155 GRASS VALLEY HWY, AUBURN, CA, 95603-2523
- **NAICS:** 423490
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 26
## Lender
- **Originating:** American River Bank, A Division of
- **Servicing:** Bank of Marin (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*