# PPP loan: CTS DISTRIBUTING, INC.
> **$632K** approved 04/03/2020 · Paid in Full · Loan `4547607010`
## Borrower
- **Name:** CTS DISTRIBUTING, INC.
- **Address:** 5050 Osage St, Suite 100, DENVER, CO, 80221-1548
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $597K
- **Health care:** $35K
- **Jobs reported:** 45
## Lender
- **Originating:** Mountain View Bank of Commerce
- **Servicing:** Mountain View Bank of Commerce (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*