# PPP loan: CREMCO INC.
> **$228K** approved 04/10/2020 · Paid in Full · Loan `1199797107`
## Borrower
- **Name:** CREMCO INC.
- **Address:** 345 S LAKE AVE #205, PASADENA, CA, 91101-5029
- **NAICS:** 561330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $210K (92%)
- **Forgiveness date:** 11/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Jobs reported:** 46
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*