PPP Loan information for Market distribution, inc.

$604,100

Market distribution, inc. was initially approved for PPP Loan of amount $604,100, the current approved amount is $604,100. The loan was approved on 04/07/2020 by The Deerwood Bank reported 57 jobs and $604,100 was used to fund payroll.

Market distribution, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Market distribution, inc.

MARKET DISTRIBUTION, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARKET DISTRIBUTION, INC.

Borrower Address

25 Cliff Rd W Suite 115

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-1606

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

604100.00

Current Approval Amount

604100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1606

CD

MN-02

Jobs Reported

57

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

469100.00

Mortgage Interest Proceed

15000.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

608865.68

Forgiveness Date

01/20/2021

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