# PPP loan: CREST DISTRIBUTING, INC.
> **$544K** approved 04/09/2020 · Paid in Full · Loan `9785797008`
## Borrower
- **Name:** CREST DISTRIBUTING, INC.
- **Address:** 595 S 200 E 0.0, Provo, UT, 84606-4850
- **NAICS:** 424710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $544K
- **Initial approval:** $544K
- **Forgiven:** $550K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $435K
- **Mortgage interest:** $11K
- **Utilities:** $17K
- **Health care:** $68K
- **Debt interest:** $13K
- **Jobs reported:** 46
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*