PPP Loan information for Distribution specialists inc

$160,430

Distribution specialists inc was initially approved for PPP Loan of amount $160,430, the current approved amount is $160,430. The loan was approved on 02/19/2021 by The Bank of America, National Association reported 13 jobs and $160,430 was used to fund payroll.

Distribution specialists inc is Existing or more than 2 years old

PPP Loan Search / VA / Sterling / Distribution specialists inc

DISTRIBUTION SPECIALISTS INC

Date Approved

02/19/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DISTRIBUTION SPECIALISTS INC

Borrower Address

43671 Trade Center Pl Ste 110

Borrower City

Sterling

Borrower State

VA

Borrower Zip

20166-2118

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160430.00

Current Approval Amount

160430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-2118

CD

VA-10

Jobs Reported

13

NAICS Code

541380

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

160426.00

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

Subchapter S Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161265.12

Forgiveness Date

09/01/2021

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