Asem Distributing INC

$525,000 PPP Loan in North Highlands, California

Loan Details

Loan Number
8236427103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$525,000
Current Approval
$472,500
Forgiveness Amount
$477,829
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Asem Distributing INC
Address
3301 Orange Grove Avenue
ZIP Code
95660
Business Type
Subchapter S Corporation
Industry (NAICS)
Utilities (221330)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
CA-06

Loan Use Breakdown

Payroll
$472,500

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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