Distance Trucking, Inc.

$300,000 PPP Loan in Bridgeview, Illinois

Loan Details

Loan Number
1019867707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$300,000
Current Approval
$300,000
Forgiveness Amount
$302,099
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Distance Trucking, Inc.
Address
7345 W 100th Place 205
ZIP Code
60455
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$100.7M
Rural/Urban
Urban
Congressional District
IL-06

Loan Use Breakdown

Payroll
$198,000
Rent
$12,000
Utilities
$5,000
Health Care
$80,000
Debt Interest
$5,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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