CREST DISTRIBUTING, INC. (UT) - 2020 PPP Loan Borrower Profile (# 9785797008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CREST DISTRIBUTING, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Utah.

Loan Detail

Loan Number

9785797008

SBA Office Code

0883

Processing Method

PPP

Curent Loan Amount

$543,650

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$549,850.93

Date Loan was Forgiven

Jun 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

16,700

Payroll Proced

435,000

Mortgage Interest Proceed

11,300

Rent Proceed

Refinance EIDL Proceed

Health Care Proceed

68,000

Debt Interest Proceed

12,650

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

424710

Borrower Location

Provo, UT

Project Location

Provo, UT

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.