PPP Loan information for American distributing industries inc.

$35,000

American distributing industries inc. was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 04/28/2020 by The Truist Bank reported 8 jobs and $35,000 was used to fund payroll.

American distributing industries inc. is Existing or more than 2 years old

AMERICAN DISTRIBUTING INDUSTRIES INC.

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

AMERICAN DISTRIBUTING INDUSTRIES INC.

Borrower Address

413 STOKES RD

Borrower City

SIMPSONVILLE

Borrower State

SC

Borrower Zip

29681

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIMPSONVILLE

Project County Name

GREENVILLE

Project State

SC

Project Zip

29681-0001

CD

SC-04

Jobs Reported

8

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

35283.89

Forgiveness Date

02/23/2021

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