Distribution Alternatives, Inc.
$2,757,714 PPP Loan in Lino Lakes, Minnesota
Loan Details
- Loan Number
- 2777337106
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,757,714
- Current Approval
- $2,757,714
- Forgiveness Amount
- $2,783,453
- Forgiveness Date
- Mar 23, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Distribution Alternatives, Inc.
- Address
- 6870 21st Avenue S
- City
- Lino Lakes
- State
- Minnesota
- ZIP Code
- 55038-3536
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Transportation and Warehousing (493110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 320
- Estimated Revenue
- $81.2M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $2,200,000
- Rent
- $557,714
Lender Information
- Servicing Lender
- Scale Bank
- Originating Lender
- Scale Bank
Other PPP Loans in Lino Lakes, MN
| Business | Approved | |
|---|---|---|
| Molin Concrete Products Company | $4,409,110 | |
| Northern Wholesale Supply INC | $1,562,000 | |
| Nol-Tec Systems, Inc. | $1,250,000 | |
| Superl Inc. | $689,237 | |
| Vci Environmental Inc. | $608,900 |
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