123 DISTRIBUTORS INC (FL) - 2020 PPP Loan Borrower Profile (# 8442058510)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 123 DISTRIBUTORS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Florida.

Loan Detail

Loan Number

8442058510

SBA Office Code

0455

Processing Method

PPP

Curent Loan Amount

$148,956

Date Loan was Approved

Mar 9, 2021

Amount Forgiven

$149,943.6

Date Loan was Forgiven

Nov 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

148,952

Lender

Readycap Lending, LLC

Business Detail

Business Type

Corporation

NAICS

444190

Borrower Location

Fort Lauderdale, FL

Project Location

Fort Lauderdale, FL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.