PPP Loan information for Distributor sales inc.

$66,875

Distributor sales inc. was initially approved for PPP Loan of amount $66,875, the current approved amount is $66,875. The loan was approved on 01/23/2021 by The Old National Bank reported 8 jobs and $66,875 was used to fund payroll.

Distributor sales inc. is Existing or more than 2 years old

PPP Loan Search / MN / Bloomington / Distributor sales inc.

DISTRIBUTOR SALES INC.

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DISTRIBUTOR SALES INC.

Borrower Address

2208 W 94th St

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55431-2313

Loan Status Date

09/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66875.00

Current Approval Amount

66875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55431-2313

CD

MN-03

Jobs Reported

8

NAICS Code

423720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

66869.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67475.83

Forgiveness Date

05/24/2022

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