PPP Loan information for Cds distributing inc

$98,177

Cds distributing inc was initially approved for PPP Loan of amount $98,177, the current approved amount is $98,177. The loan was approved on 04/29/2020 by The United Bank reported 13 jobs and $98,177 was used to fund payroll.

Cds distributing inc is Existing or more than 2 years old

PPP Loan Search / NC / STANLEY / Cds distributing inc

CDS DISTRIBUTING INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CDS DISTRIBUTING INC

Borrower Address

500 HOVIS RD

Borrower City

STANLEY

Borrower State

NC

Borrower Zip

28164-1238

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98177.00

Current Approval Amount

98177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STANLEY

Project County Name

GASTON

Project State

NC

Project Zip

28164-1238

CD

NC-10

Jobs Reported

13

NAICS Code

484110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98177.00

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

Subchapter S Corporation

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99207.86

Forgiveness Date

05/18/2021

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