PPP Loan information for Phillips distributing corporation

$426,317

Phillips distributing corporation was initially approved for PPP Loan of amount $426,317, the current approved amount is $426,317. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 54 jobs and $426,317 was used to fund payroll.

Phillips distributing corporation is Existing or more than 2 years old

PHILLIPS DISTRIBUTING CORPORATION

Date Approved

04/10/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PHILLIPS DISTRIBUTING CORPORATION

Borrower Address

3010 Nob Hill Rd 0.0

Borrower City

Madison

Borrower State

WI

Borrower Zip

53713-4051

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426317.00

Current Approval Amount

426317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

DANE

Project State

WI

Project Zip

53713-4051

CD

WI-02

Jobs Reported

54

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12812.00

Payroll Proceed

341054.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

22451

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

430785.04

Forgiveness Date

05/04/2021

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