PPP Loan information for Distributed computing inc

$1,100,500

Distributed computing inc was initially approved for PPP Loan of amount $1,100,500, the current approved amount is $1,100,500. The loan was approved on 04/05/2020 by The First National Bank of Pennsylvania reported 82 jobs and $1,100,500 was used to fund payroll.

Distributed computing inc is Existing or more than 2 years old

PPP Loan Search / MD / BALTIMORE / Distributed computing inc

DISTRIBUTED COMPUTING INC

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DISTRIBUTED COMPUTING INC

Borrower Address

1700 UNION AVE STE B

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21211-1499

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1100500.00

Current Approval Amount

1100500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21211-1499

CD

MD-02

Jobs Reported

82

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

825375.00

Mortgage Interest Proceed

0.00

Rent Proceed

275125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1107316.99

Forgiveness Date

12/02/2020

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