PPP Loan information for General distributing company, the

$2,623,100

General distributing company, the was initially approved for PPP Loan of amount $2,623,100, the current approved amount is $2,623,100. The loan was approved on 04/08/2020 by The D. L. Evans Bank reported 246 jobs and $2,623,100 was used to fund payroll.

General distributing company, the is Existing or more than 2 years old

PPP Loan Search / UT / SALT LAKE CITY / General distributing company, the

GENERAL DISTRIBUTING COMPANY, THE

Date Approved

04/08/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

GENERAL DISTRIBUTING COMPANY, THE

Borrower Address

5350 West Amelia Earhart Drive

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84116-2900

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2623100.00

Current Approval Amount

2623100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20132

Servicing Lender Name

D. L. Evans Bank

Servicing Lender Address

375 N Overland Ave

Servicing Lender City

BURLEY

Servicing Lender State

ID

Servicing Lender Zip

83318-3432

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84116-2900

CD

UT-02

Jobs Reported

246

NAICS Code

424810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

327887.50

Payroll Proceed

1967325.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

327887.5

Business Type

Corporation

Originating Lender Location Id

20132

Originating Lender

D. L. Evans Bank

Originating Lender City

BURLEY

Originating Lender State

ID

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2653499.21

Forgiveness Date

06/11/2021

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