PPP Loan information for Value added distributors, llc

$1,841,400

Value added distributors, llc was initially approved for PPP Loan of amount $1,841,400, the current approved amount is $1,841,400. The loan was approved on 04/06/2020 by The Johnson Bank reported 194 jobs and $1,841,400 was used to fund payroll.

Value added distributors, llc is Existing or more than 2 years old

VALUE ADDED DISTRIBUTORS, LLC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VALUE ADDED DISTRIBUTORS, LLC

Borrower Address

431 LINNERUD DR

Borrower City

SUN PRAIRIE

Borrower State

WI

Borrower Zip

53590-2923

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1841400.00

Current Approval Amount

1841400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUN PRAIRIE

Project County Name

DANE

Project State

WI

Project Zip

53590-2923

CD

WI-02

Jobs Reported

194

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1381050.00

Mortgage Interest Proceed

460350.00

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

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1851641.21

Forgiveness Date

11/03/2020

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