# PPP loan: STRAUB DISTRIBUTING COMPANY, LTD
> **$4.37M** approved 04/09/2020 · Paid in Full · Loan `8994877010`
## Borrower
- **Name:** STRAUB DISTRIBUTING COMPANY, LTD
- **Address:** 4633 E LaPalma Ave 0.0, Anaheim, CA, 92807-1909
- **NAICS:** 424810
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.37M
- **Initial approval:** $4.37M
- **Forgiven:** $4.42M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.53M
- **Rent:** $570K
- **Utilities:** $90K
- **Debt interest:** $180K
- **Jobs reported:** 319
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*