PPP Loan information for Dsi distributing, inc.

$3,836,000

Dsi distributing, inc. was initially approved for PPP Loan of amount $3,799,200, the current approved amount is $3,836,000. The loan was approved on 04/06/2020 by The Bank Iowa reported 321 jobs and $3,836,000 was used to fund payroll.

Dsi distributing, inc. is Existing or more than 2 years old

DSI DISTRIBUTING, INC.

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DSI DISTRIBUTING, INC.

Borrower Address

12010 RIDGEMONT DR

Borrower City

URBANDALE

Borrower State

IA

Borrower Zip

50323-2317

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3799200.00

Current Approval Amount

3836000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANDALE

Project County Name

POLK

Project State

IA

Project Zip

50323-2317

CD

IA-03

Jobs Reported

321

NAICS Code

423620

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2877000.00

Mortgage Interest Proceed

0.00

Rent Proceed

959000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3877556.67

Forgiveness Date

05/12/2021

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