PPP Loan information for Distribution, inc.

$272,000

Distribution, inc. was initially approved for PPP Loan of amount $272,000, the current approved amount is $272,000. The loan was approved on 04/10/2020 by The West Gate Bank reported 42 jobs and $272,000 was used to fund payroll.

Distribution, inc. is Existing or more than 2 years old

DISTRIBUTION, INC.

Date Approved

04/10/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

DISTRIBUTION, INC.

Borrower Address

6363 N 70 St PO Box 29166

Borrower City

LINCOLN

Borrower State

NE

Borrower Zip

68507-3246

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

272000.00

Current Approval Amount

272000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42322

Servicing Lender Name

West Gate Bank

Servicing Lender Address

6003 Old Cheney Rd

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68516-3591

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINCOLN

Project County Name

LANCASTER

Project State

NE

Project Zip

68507-3246

CD

NE-01

Jobs Reported

42

NAICS Code

484220

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272000.00

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

Corporation

Originating Lender Location Id

42322

Originating Lender

West Gate Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274312.00

Forgiveness Date

02/17/2021

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