# PPP loan: CLASSIC DISTRIBUTION INC
> **$913K** approved 04/06/2020 · Paid in Full · Loan `5684587007`
## Borrower
- **Name:** CLASSIC DISTRIBUTION INC
- **Address:** 4660 EARLY RD, MOUNT CRAWFORD, VA, 22841-2183
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $913K
- **Initial approval:** $913K
- **Forgiven:** $920K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $730K
- **Mortgage interest:** $170K
- **Utilities:** $13K
- **Jobs reported:** 100
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*