# PPP loan: CRENSHAW LUMBER CO., INC.
> **$2.00M** approved 04/09/2020 · Paid in Full · Loan `9468267009`
## Borrower
- **Name:** CRENSHAW LUMBER CO., INC.
- **Address:** 1860 166TH ST, GARDENA, CA, 90247-4602
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Rent:** $256K
- **Utilities:** $69K
- **Health care:** $218K
- **Debt interest:** $33K
- **Jobs reported:** 128
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*