# PPP loan: CREST FOODSERVICE EQUIPMENT CO
> **$519K** approved 02/03/2021 · Paid in Full · Loan `2261568405`
## Borrower
- **Name:** CREST FOODSERVICE EQUIPMENT CO
- **Address:** 605 Jack Rabbit Rd, Virginia Beach, VA, 23451-6135
- **NAICS:** 333318
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $519K
- **Initial approval:** $519K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $519K
- **Jobs reported:** 46
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*