# PPP loan: TOP NOTCH DISTRIBUTORS, INC.
> **$3.31M** approved 04/10/2020 · Paid in Full · Loan `2201817105`
## Borrower
- **Name:** TOP NOTCH DISTRIBUTORS, INC.
- **Address:** 80 4th Street, HONESDALE, PA, 18431-1872
- **NAICS:** 423390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.31M
- **Initial approval:** $3.31M
- **Forgiven:** $3.35M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.06M
- **Rent:** $181K
- **Utilities:** $68K
- **Jobs reported:** 273
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*