PPP Loan information for Intrastate disbtributors, inc.

$1,166,554

Intrastate disbtributors, inc. was initially approved for PPP Loan of amount $1,166,554, the current approved amount is $1,166,554. The loan was approved on 04/10/2020 by The CIBC Bank USA reported 170 jobs and $1,166,554 was used to fund payroll.

Intrastate disbtributors, inc. is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Intrastate disbtributors, inc.

INTRASTATE DISBTRIBUTORS, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INTRASTATE DISBTRIBUTORS, INC.

Borrower Address

Intrastate Distributors, Inc.

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48234

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1166554.00

Current Approval Amount

1166554.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48234-0001

CD

MI-13

Jobs Reported

170

NAICS Code

424490

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1166554.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1174384.29

Forgiveness Date

12/17/2020

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