PPP Loan information for Distributors holding corporation

$3,315,300

Distributors holding corporation was initially approved for PPP Loan of amount $3,315,300, the current approved amount is $3,315,300. The loan was approved on 04/09/2020 by The Truist Bank reported 354 jobs and $3,315,300 was used to fund payroll.

Distributors holding corporation is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Distributors holding corporation

DISTRIBUTORS HOLDING CORPORATION

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DISTRIBUTORS HOLDING CORPORATION

Borrower Address

60 S FRONT ST # 201

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38103-2435

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3315300.00

Current Approval Amount

3315300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38103-2435

CD

TN-09

Jobs Reported

354

NAICS Code

551112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3315300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3362358.84

Forgiveness Date

09/14/2021

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