# PPP loan: CROWNCO INC.
> **$1.84M** approved 04/05/2020 · Paid in Full · Loan `5582437007`
## Borrower
- **Name:** CROWNCO INC.
- **Address:** 26697 PIERCE CIRCLE, MURRIETA, CA, 92562-7024
- **NAICS:** 236117
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.69M (92%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Rent:** $30K
- **Utilities:** $114K
- **Jobs reported:** 178
## Lender
- **Originating:** Centerstone SBA Lending, Inc.
- **Servicing:** Centerstone SBA Lending, Inc. (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*