# PPP loan: THACKRAY CRANE RENTAL INC.
> **$3.94M** approved 04/15/2020 · Paid in Full · Loan `8662357109`
## Borrower
- **Name:** THACKRAY CRANE RENTAL INC.
- **Address:** 2071 Byberry Road, Philadelphia, PA, 19116
- **NAICS:** 532412
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.94M
- **Initial approval:** $3.94M
- **Forgiven:** $3.99M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.60M
- **Rent:** $203K
- **Utilities:** $51K
- **Health care:** $41K
- **Debt interest:** $51K
- **Jobs reported:** 102
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*