# PPP loan: DISTRIBUTION AND MARKING SERVICES INC.
> **$300K** approved 04/15/2020 · Paid in Full · Loan `1290607206`
## Borrower
- **Name:** DISTRIBUTION AND MARKING SERVICES INC.
- **Address:** 2127 Ayrsley Town Blvd, CHARLOTTE, NC, 28273
- **NAICS:** 493110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $22K
- **Utilities:** $6K
- **Health care:** $22K
- **Jobs reported:** 40
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*