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
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

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