PPP Loan information for American distributiion inc

$189,022

American distributiion inc was initially approved for PPP Loan of amount $189,022, the current approved amount is $189,022. The loan was approved on 04/29/2020 by The Fulton Bank, National Association reported 13 jobs and $189,022 was used to fund payroll.

American distributiion inc is Existing or more than 2 years old

AMERICAN DISTRIBUTIION INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AMERICAN DISTRIBUTIION INC

Borrower Address

500 WASHINGTON AVENUE

Borrower City

CARLSTADT

Borrower State

NJ

Borrower Zip

07072

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189022.00

Current Approval Amount

189022.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARLSTADT

Project County Name

BERGEN

Project State

NJ

Project Zip

07072-0001

CD

NJ-09

Jobs Reported

13

NAICS Code

485999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

189022.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

190387.16

Forgiveness Date

01/19/2021

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