# PPP loan: DISTRIBUTION MANAGEMENT SERVICES, INC.
> **$327K** approved 05/07/2020 · Paid in Full · Loan `3417457402`
## Borrower
- **Name:** DISTRIBUTION MANAGEMENT SERVICES, INC.
- **Address:** 1201 MARK ST, ELK GROVE VILLAGE, IL, 60007-6709
- **NAICS:** 561910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Rent:** $33K
- **Mortgage interest:** $16K
- **Utilities:** $16K
- **Jobs reported:** 41
## Lender
- **Originating:** Cornerstone National Bank & Trust Company
- **Servicing:** Cornerstone National Bank & Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*