PPP Loan information for National news distributors, inc.

$158,585

National news distributors, inc. was initially approved for PPP Loan of amount $158,585, the current approved amount is $158,585. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 25 jobs and $158,585 was used to fund payroll.

National news distributors, inc. is Existing or more than 2 years old

PPP Loan Search / AL / BIRMINGHAM / National news distributors, inc.

NATIONAL NEWS DISTRIBUTORS, INC.

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

NATIONAL NEWS DISTRIBUTORS, INC.

Borrower Address

3404 6TH AVE S

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35222-2319

Loan Status Date

06/14/2022

Loan Status

Charged Off

Term

32

SBA Guaranty Percentage

100

Initial Approval Amount

158585.00

Current Approval Amount

158585.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35222-2319

CD

AL-07

Jobs Reported

25

NAICS Code

424920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19823.12

Payroll Proceed

118938.75

Mortgage Interest Proceed

0.00

Rent Proceed

19823.13

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5655.69

Forgiveness Date

06/15/2022

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