PPP Loan information for Industrial distribution acquisition sub, llc

$593,000

Industrial distribution acquisition sub, llc was initially approved for PPP Loan of amount $593,000, the current approved amount is $593,000. The loan was approved on 04/05/2020 by The Vast Bank, National Association reported 40 jobs and $593,000 was used to fund payroll.

Industrial distribution acquisition sub, llc is Existing or more than 2 years old

INDUSTRIAL DISTRIBUTION ACQUISITION SUB, LLC

Date Approved

04/05/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

INDUSTRIAL DISTRIBUTION ACQUISITION SUB, LLC

Borrower Address

95 NORTH 400 WEST

Borrower City

NORTH SALT LAKE

Borrower State

UT

Borrower Zip

84054-2722

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

593000.00

Current Approval Amount

593000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59446

Servicing Lender Name

Vast Bank, National Association

Servicing Lender Address

110 N Elgin Ave

Servicing Lender City

TULSA

Servicing Lender State

OK

Servicing Lender Zip

74120-1498

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH SALT LAKE

Project County Name

DAVIS

Project State

UT

Project Zip

84054-2722

CD

UT-02

Jobs Reported

40

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

593000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59446

Originating Lender

Vast Bank, National Association

Originating Lender City

TULSA

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

600610.17

Forgiveness Date

07/23/2021

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