# PPP loan: COCHRAN BROS. DISTRIBUTORS, INC.
> **$213K** approved 04/16/2020 · Paid in Full · Loan `2585587204`
## Borrower
- **Name:** COCHRAN BROS. DISTRIBUTORS, INC.
- **Address:** 27060 TROLLEY INDUSTRIAL DR, TAYLOR, MI, 48180
- **NAICS:** 424490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $215K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Rent:** $19K
- **Utilities:** $2K
- **Health care:** $16K
- **Jobs reported:** 25
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*