# PPP loan: AMERICAN CRATING COMPANY
> **$550K** approved 04/05/2020 · Paid in Full · Loan `5411557003`
## Borrower
- **Name:** AMERICAN CRATING COMPANY
- **Address:** 11343 E TECUMSEH ST, TULSA, OK, 74116-1602
- **NAICS:** 488999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $554K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $442K
- **Utilities:** $18K
- **Health care:** $90K
- **Jobs reported:** 51
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*