PPP Loan information for Distribution management services inc.

$327,132

Distribution management services inc. was initially approved for PPP Loan of amount $327,132, the current approved amount is $327,132. The loan was approved on 02/05/2021 by The Cornerstone National Bank & Trust Company reported 37 jobs and $327,132 was used to fund payroll.

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

DISTRIBUTION MANAGEMENT SERVICES INC.

Date Approved

02/05/2021

SBA Office Code

0507

Processing Method

PPS

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

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

327132.00

Current Approval Amount

327132.00

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

37

NAICS Code

561910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

327130.00

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

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

328894.88

Forgiveness Date

08/25/2021

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