PPP Loan information for The distribution point llc

$934,500

The distribution point llc was initially approved for PPP Loan of amount $934,500, the current approved amount is $934,500. The loan was approved on 04/14/2020 by The Regions Bank reported 75 jobs and $934,500 was used to fund payroll.

The distribution point llc is Existing or more than 2 years old

PPP Loan Search / AL / MOODY / The distribution point llc

THE DISTRIBUTION POINT LLC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE DISTRIBUTION POINT LLC

Borrower Address

3242 Moody Parkway

Borrower City

MOODY

Borrower State

AL

Borrower Zip

35004-2621

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

934500.00

Current Approval Amount

934500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOODY

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35004-2621

CD

AL-03

Jobs Reported

75

NAICS Code

423720

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

934500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

942385.64

Forgiveness Date

02/25/2021

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