PPP Loan information for Direct distribution & logistics inc

$166,460

Direct distribution & logistics inc was initially approved for PPP Loan of amount $166,460, the current approved amount is $166,460. The loan was approved on 02/11/2021 by The Bank of America, National Association reported 19 jobs and $166,460 was used to fund payroll.

Direct distribution & logistics inc is Existing or more than 2 years old

PPP Loan Search / MD / Baltimore / Direct distribution & logistics inc

DIRECT DISTRIBUTION & LOGISTICS INC

Date Approved

02/11/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DIRECT DISTRIBUTION & LOGISTICS INC

Borrower Address

2701 Merchant Dr

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21230-3308

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

166460.00

Current Approval Amount

166460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21230-3308

CD

MD-07

Jobs Reported

19

NAICS Code

484110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

166457.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168398.23

Forgiveness Date

04/14/2022

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