PPP Loan information for Distribution cooperative, inc.

$1,719,700

Distribution cooperative, inc. was initially approved for PPP Loan of amount $1,719,700, the current approved amount is $1,719,700. The loan was approved on 04/06/2020 by The Georgia's Own Credit Union reported 163 jobs and $1,719,700 was used to fund payroll.

Distribution cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / GA / MCDONOUGH / Distribution cooperative, inc.

DISTRIBUTION COOPERATIVE, INC.

Date Approved

04/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DISTRIBUTION COOPERATIVE, INC.

Borrower Address

1281 HIGHWAY 155

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30253-7316

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1719700.00

Current Approval Amount

1719700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

95003

Servicing Lender Name

Georgia's Own Credit Union

Servicing Lender Address

100 Peachtree St, Ste 2800

Servicing Lender City

Atlanta

Servicing Lender State

GA

Servicing Lender Zip

30303-1166

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30253-7316

CD

GA-10

Jobs Reported

163

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

214962.50

Payroll Proceed

1289775.00

Mortgage Interest Proceed

0.00

Rent Proceed

214962.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

448440

Originating Lender

Vinings Bank

Originating Lender City

SMYRNA

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1734986.22

Forgiveness Date

03/03/2021

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