# PPP loan: BALLENGER DISTRIBUTION SOLUTIONS
> **$160K** approved 04/13/2020 · Paid in Full · Loan `4238537107`
## Borrower
- **Name:** BALLENGER DISTRIBUTION SOLUTIONS
- **Address:** 530 Pine Street, Rochester, MI, 48307
- **NAICS:** 561312
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 23
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*