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New Distributing Co., Inc.

$568,500 PPP Loan in Victoria, Texas

Loan Details

Loan Number
1184597310
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$568,500
Current Approval
$568,500
Forgiveness Amount
$571,413
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Distributing Co., Inc.
Address
4102 US Hwy 59 N
City
Victoria
State
Texas
ZIP Code
77905-5592
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
TX-27

Loan Use Breakdown

Payroll
$568,500

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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