PPP Loan information for Distributec inc

$63,300

Distributec inc was initially approved for PPP Loan of amount $63,300, the current approved amount is $63,300. The loan was approved on 04/29/2020 by The Truist Bank reported 4 jobs and $63,300 was used to fund payroll.

Distributec inc is Existing or more than 2 years old

PPP Loan Search / NJ / Moorestown / Distributec inc

DISTRIBUTEC INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DISTRIBUTEC INC

Borrower Address

5 Willow Point

Borrower City

Moorestown

Borrower State

NJ

Borrower Zip

08057

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63300.00

Current Approval Amount

63300.00

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

Moorestown

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08057-0001

CD

NJ-03

Jobs Reported

4

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63300.00

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

63989.27

Forgiveness Date

06/10/2021

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