PPP Loan information for Distribution management group inc

$473,700

Distribution management group inc was initially approved for PPP Loan of amount $473,700, the current approved amount is $473,700. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 34 jobs and $473,700 was used to fund payroll.

Distribution management group inc is Existing or more than 2 years old

PPP Loan Search / NJ / EDISON / Distribution management group inc

DISTRIBUTION MANAGEMENT GROUP INC

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DISTRIBUTION MANAGEMENT GROUP INC

Borrower Address

207 MEADOW RD

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08817-6002

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

473700.00

Current Approval Amount

473700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08817-6002

CD

NJ-06

Jobs Reported

34

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

473700.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

480239.69

Forgiveness Date

08/26/2021

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