PPP Loan information for Amd distribution inc

$551,450

Amd distribution inc was initially approved for PPP Loan of amount $565,700, the current approved amount is $551,450. The loan was approved on 04/06/2020 by The Home Federal Savings Bank reported 51 jobs and $551,450 was used to fund payroll.

Amd distribution inc is Existing or more than 2 years old

AMD DISTRIBUTION INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AMD DISTRIBUTION INC

Borrower Address

1021 KASTEN DR

Borrower City

SPRING VALLEY

Borrower State

MN

Borrower Zip

55975-2601

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565700.00

Current Approval Amount

551450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81242

Servicing Lender Name

Home Federal Savings Bank

Servicing Lender Address

1016 Civic Center Dr NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-1881

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING VALLEY

Project County Name

FILLMORE

Project State

MN

Project Zip

55975-2601

CD

MN-01

Jobs Reported

51

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

551450.00

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

Corporation

Originating Lender Location Id

81242

Originating Lender

Home Federal Savings Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555800.33

Forgiveness Date

01/20/2021

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