# PPP loan: MCRAE SALES & DISTRIBUTING, INC.
> **$248K** approved 04/13/2020 · Paid in Full · Loan `5159827107`
## Borrower
- **Name:** MCRAE SALES & DISTRIBUTING, INC.
- **Address:** 3740 W 1987 S, SALT LAKE CITY, UT, 84104-4936
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $227K (91%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 17
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*