PPP Loan information for Distribution management inc.

$4,010,502

Distribution management inc. was initially approved for PPP Loan of amount $4,010,502, the current approved amount is $4,010,502. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 346 jobs and $4,010,502 was used to fund payroll.

Distribution management inc. is Existing or more than 2 years old

DISTRIBUTION MANAGEMENT INC.

Date Approved

04/15/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

DISTRIBUTION MANAGEMENT INC.

Borrower Address

5 Research Park Dr

Borrower City

SAINT CHARLES

Borrower State

MO

Borrower Zip

63304

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4010502.00

Current Approval Amount

4010502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CHARLES

Project County Name

SAINT CHARLES

Project State

MO

Project Zip

63304-0001

CD

MO-03

Jobs Reported

346

NAICS Code

424120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4010502.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4056288.56

Forgiveness Date

06/09/2021

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