# PPP loan: DSI DISTRIBUTING, INC.
> **$3.84M** approved 04/06/2020 · Paid in Full · Loan `5944447008`
## Borrower
- **Name:** DSI DISTRIBUTING, INC.
- **Address:** 12010 RIDGEMONT DR, URBANDALE, IA, 50323-2317
- **NAICS:** 423620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.84M
- **Initial approval:** $3.80M
- **Forgiven:** $3.88M (101%)
- **Forgiveness date:** 05/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.88M
- **Rent:** $959K
- **Jobs reported:** 321
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*