PPP Loan information for Positive distribution llc

$83,749

Positive distribution llc was initially approved for PPP Loan of amount $90,300, the current approved amount is $83,749. The loan was approved on 04/09/2020 by The Truist Bank reported 7 jobs and $83,749 was used to fund payroll.

Positive distribution llc is Existing or more than 2 years old

POSITIVE DISTRIBUTION LLC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

POSITIVE DISTRIBUTION LLC

Borrower Address

120 LANCASTER DR

Borrower City

CHAPEL HILL

Borrower State

NC

Borrower Zip

27517-3421

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90300.00

Current Approval Amount

83749.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAPEL HILL

Project County Name

ORANGE

Project State

NC

Project Zip

27517-3421

CD

NC-04

Jobs Reported

7

NAICS Code

424990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83749.38

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84435.66

Forgiveness Date

02/16/2021

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