Direct Supplies Warehouse INC

$1,155,000 PPP Loan in Lodi, New Jersey

Loan Details

Loan Number
1492597105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,155,000
Current Approval
$1,155,000
Forgiveness Amount
$1,169,054
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Direct Supplies Warehouse INC
Address
100 Hancock St 0.0
City
Lodi
ZIP Code
07644-1913
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Existing or more than 2 years old
Jobs Reported
89
Estimated Revenue
$27.3M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$983,000
Rent
$92,000
Utilities
$15,000
Health Care
$25,000
Debt Interest
$40,000

Lender Information

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

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