PPP Loan information for Distinctive appliances distributing

$229,000

Distinctive appliances distributing was initially approved for PPP Loan of amount $23,900, the current approved amount is $229,000. The loan was approved on 04/28/2020 by The HSBC Bank USA, National Association reported 18 jobs and $229,000 was used to fund payroll.

Distinctive appliances distributing is Existing or more than 2 years old

DISTINCTIVE APPLIANCES DISTRIBUTING

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DISTINCTIVE APPLIANCES DISTRIBUTING

Borrower Address

51155 GRAND RIVER AVENUE

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-3330

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23900.00

Current Approval Amount

229000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3330

CD

MI-11

Jobs Reported

18

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229000.00

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

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232053.33

Forgiveness Date

09/10/2021

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