PPP Loan information for Distribution management services, inc.

$327,131

Distribution management services, inc. was initially approved for PPP Loan of amount $327,131, the current approved amount is $327,131. The loan was approved on 05/07/2020 by The Cornerstone National Bank & Trust Company reported 41 jobs and $327,131 was used to fund payroll.

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

PPP Loan Search / IL / ELK GROVE VILLAGE / Distribution management services, inc.

DISTRIBUTION MANAGEMENT SERVICES, INC.

Date Approved

05/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DISTRIBUTION MANAGEMENT SERVICES, INC.

Borrower Address

1201 MARK ST

Borrower City

ELK GROVE VILLAGE

Borrower State

IL

Borrower Zip

60007-6709

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327131.00

Current Approval Amount

327131.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK GROVE VILLAGE

Project County Name

DUPAGE

Project State

IL

Project Zip

60007-6709

CD

IL-03

Jobs Reported

41

NAICS Code

561910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16356.55

Payroll Proceed

261704.80

Mortgage Interest Proceed

16356.55

Rent Proceed

32713.10

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

329838.92

Forgiveness Date

03/09/2021

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