# PPP loan: NATIONAL DISTRIBUTION SYSTEMS INC.
> **$320K** approved 02/10/2021 · Paid in Full · Loan `6403068402`
## Borrower
- **Name:** NATIONAL DISTRIBUTION SYSTEMS INC.
- **Address:** 8845 First Industrial Dr, Southaven, MS, 38671-1919
- **NAICS:** 335311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 32
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*