Packaging Distribution Services INC
$925,000 PPP Loan in Des Moines, Iowa
Loan Details
- Loan Number
- 5816467009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $925,000
- Current Approval
- $925,000
- Forgiveness Amount
- $930,961
- Forgiveness Date
- Dec 4, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Packaging Distribution Services INC
- Address
- 2308 Sunset Road
- City
- Des Moines
- State
- Iowa
- ZIP Code
- 50321-1141
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (424130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 57
- Estimated Revenue
- $14.7M
- Rural/Urban
- Urban
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $665,000
- Rent
- $124,000
- Utilities
- $20,000
- Health Care
- $76,000
- Mortgage Interest
- $9,000
- Debt Interest
- $31,000
Lender Information
- Servicing Lender
- Northwest Bank
- Originating Lender
- Northwest Bank
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|---|---|---|
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| Lutheran Services in Iowa INC | $4,964,519 | AI Deep Dive |
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| Loffredo Gardens, Inc. | $4,809,613 | AI Deep Dive |
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