# PPP loan: GENERAL DISTRIBUTING COMPANY, THE
> **$2.62M** approved 04/08/2020 · Paid in Full · Loan `7954167010`
## Borrower
- **Name:** GENERAL DISTRIBUTING COMPANY, THE
- **Address:** 5350 West Amelia Earhart Drive, SALT LAKE CITY, UT, 84116-2900
- **NAICS:** 424810
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.62M
- **Initial approval:** $2.62M
- **Forgiven:** $2.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.97M
- **Utilities:** $328K
- **Debt interest:** $328K
- **Jobs reported:** 246
## Lender
- **Originating:** D. L. Evans Bank
- **Servicing:** D. L. Evans Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*