# PPP loan: CRESCENT PAPER TUBE, INC.
> **$720K** approved 04/06/2020 · Paid in Full · Loan `5964157001`
## Borrower
- **Name:** CRESCENT PAPER TUBE, INC.
- **Address:** 7325 INDUSTRIAL RD, FLORENCE, KY, 41042-2911
- **NAICS:** 322212
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Jobs reported:** 61
## Lender
- **Originating:** Heritage Bank, Inc.
- **Servicing:** Heritage Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*