PPP Loan information for Distributed logic corporation

$101,567

Distributed logic corporation was initially approved for PPP Loan of amount $101,567, the current approved amount is $101,567. The loan was approved on 02/26/2021 by The Santander Bank, National Association reported 4 jobs and $101,567 was used to fund payroll.

Distributed logic corporation is Existing or more than 2 years old

PPP Loan Search / MA / Wakefield / Distributed logic corporation

DISTRIBUTED LOGIC CORPORATION

Date Approved

02/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DISTRIBUTED LOGIC CORPORATION

Borrower Address

591 North Ave

Borrower City

Wakefield

Borrower State

MA

Borrower Zip

01880-1647

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101567.00

Current Approval Amount

101567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wakefield

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-1647

CD

MA-06

Jobs Reported

4

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101567.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

102104.05

Forgiveness Date

09/13/2021

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