# PPP loan: UNITED RESTAURANT EQUIPMENT CORP
> **$724K** approved 01/31/2021 · Paid in Full · Loan `9892628310`
## Borrower
- **Name:** UNITED RESTAURANT EQUIPMENT CORP
- **Address:** 2654 S Saunders St, Raleigh, NC, 27603-2840
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $724K
- **Initial approval:** $724K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $724K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*