PPP Loan information for National distribution systems, inc.

$279,453

National distribution systems, inc. was initially approved for PPP Loan of amount $279,453, the current approved amount is $279,453. The loan was approved on 04/14/2020 by The Cadence Bank reported 60 jobs and $279,453 was used to fund payroll.

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

PPP Loan Search / MS / SOUTHAVEN / National distribution systems, inc.

NATIONAL DISTRIBUTION SYSTEMS, INC.

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NATIONAL DISTRIBUTION SYSTEMS, INC.

Borrower Address

8845 FIRST INDUSTRIAL DR

Borrower City

SOUTHAVEN

Borrower State

MS

Borrower Zip

38671

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279452.50

Current Approval Amount

279452.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHAVEN

Project County Name

DESOTO

Project State

MS

Project Zip

38671-0001

CD

MS-01

Jobs Reported

60

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

279452.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

281199.08

Forgiveness Date

12/04/2020

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