Phillips Distributing Corporation

$426,317 PPP Loan in Madison, Wisconsin

Loan Details

Loan Number
1259637108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$426,317
Current Approval
$426,317
Forgiveness Amount
$430,785
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phillips Distributing Corporation
Address
3010 Nob Hill Rd 0.0
ZIP Code
53713-4051
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
WI-02

Loan Use Breakdown

Payroll
$341,054
Rent
$50,000
Utilities
$12,812
Debt Interest
$22,451

Lender Information

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

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