# PPP loan: PESTINGER DISTRIBUTING CO., INC.
> **$308K** approved 04/06/2020 · Paid in Full · Loan `5758697009`
## Borrower
- **Name:** PESTINGER DISTRIBUTING CO., INC.
- **Address:** 3039 US 24 HWY, BELOIT, KS, 67420-1591
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $183K
- **Rent:** $42K
- **Mortgage interest:** $45K
- **Utilities:** $20K
- **Health care:** $18K
- **Jobs reported:** 33
## Lender
- **Originating:** Guaranty State Bank and Trust Company
- **Servicing:** Guaranty State Bank and Trust Company (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*