PPP Loan information for U.s.a. distributors, inc.

$505,370

U.s.a. distributors, inc. was initially approved for PPP Loan of amount $505,370, the current approved amount is $505,370. The loan was approved on 04/12/2020 by The Popular Bank reported 52 jobs and $505,370 was used to fund payroll.

U.s.a. distributors, inc. is Existing or more than 2 years old

U.S.A. DISTRIBUTORS, INC.

Date Approved

04/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

U.S.A. DISTRIBUTORS, INC.

Borrower Address

3711 Hudson Avenue

Borrower City

Union City

Borrower State

NJ

Borrower Zip

07087-6015

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

505370.00

Current Approval Amount

505370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123625

Servicing Lender Name

Popular Bank

Servicing Lender Address

11 W 51st St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10019-6994

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

HUDSON

Project State

NJ

Project Zip

07087-6015

CD

NJ-08

Jobs Reported

52

NAICS Code

511110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

505370.00

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

123625

Originating Lender

Popular Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

509328.73

Forgiveness Date

01/28/2021

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