# PPP loan: CFM EQUIPMENT DISTRIBUTORS,INC
> **$647K** approved 04/11/2020 · Paid in Full · Loan `3558747105`
## Borrower
- **Name:** CFM EQUIPMENT DISTRIBUTORS,INC
- **Address:** 1644 MAIN AVE, SACRAMENTO, CA, 95838-2409
- **NAICS:** 423730
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $647K
- **Forgiven:** $651K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $517K
- **Mortgage interest:** $129K
- **Jobs reported:** 51
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*