Ic&s Distributing Co

$250,000 PPP Loan in Lancaster, Pennsylvania

Loan Details

Loan Number
8974937105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$250,000
Current Approval
$250,000
Forgiveness Amount
$251,527
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ic&s Distributing Co
Address
1833 William Penn Way
ZIP Code
17601
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424690)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
PA-11

Loan Use Breakdown

Payroll
$143,306
Rent
$51,094
Utilities
$4,100
Health Care
$48,000
Debt Interest
$3,500

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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