PPP Loan information for Discount manufacturing & distributing, inc.

$83,100

Discount manufacturing & distributing, inc. was initially approved for PPP Loan of amount $83,100, the current approved amount is $83,100. The loan was approved on 04/14/2020 by The Customers Bank reported 9 jobs and $83,100 was used to fund payroll.

Discount manufacturing & distributing, inc. is Existing or more than 2 years old

PPP Loan Search / UT / Orem / Discount manufacturing & distributing, inc.

DISCOUNT MANUFACTURING & DISTRIBUTING, INC.

Date Approved

04/14/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

DISCOUNT MANUFACTURING & DISTRIBUTING, INC.

Borrower Address

1075 South 1680 West

Borrower City

Orem

Borrower State

UT

Borrower Zip

84058

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83100.00

Current Approval Amount

83100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orem

Project County Name

UTAH

Project State

UT

Project Zip

84058-0001

CD

UT-03

Jobs Reported

9

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

83100.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83760.25

Forgiveness Date

03/02/2021

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