A C DISTRIBUTION, INC. (TX) - 2020 PPP Loan Borrower Profile (# 7320967110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A C DISTRIBUTION, 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 Texas.

Loan Detail

Loan Number

7320967110

SBA Office Code

0639

Processing Method

PPP

Curent Loan Amount

$1,141,562.5

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$1,150,726.28

Date Loan was Forgiven

Feb 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,753

Payroll Proced

1,048,894.5

Rent Proceed

58,800

Health Care Proceed

21,300

Debt Interest Proceed

5,815

Lender

Charter Bank

Business Detail

Business Type

Corporation

NAICS

238220

Borrower Location

CORPUS CHRISTI, TX

Project Location

CORPUS CHRISTI, TX

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

122

Business Age Description

Existing or more than 2 years old

Data Source: SBA.