PPP Loan information for American distributing industries inc

$27,797

American distributing industries inc was initially approved for PPP Loan of amount $27,797, the current approved amount is $27,797. The loan was approved on 02/12/2021 by The Truist Bank reported 8 jobs and $27,797 was used to fund payroll.

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

PPP Loan Search / SC / Simpsonville / American distributing industries inc

AMERICAN DISTRIBUTING INDUSTRIES INC

Date Approved

02/12/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

AMERICAN DISTRIBUTING INDUSTRIES INC

Borrower Address

413 Stokes Rd

Borrower City

Simpsonville

Borrower State

SC

Borrower Zip

29681-1914

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27797.00

Current Approval Amount

27797.00

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

29681-1914

CD

SC-04

Jobs Reported

8

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

27795.00

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

27986.95

Forgiveness Date

10/25/2021

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