# PPP loan: D & E DISTRIBUTING INC.
> **$259K** approved 04/08/2020 · Paid in Full · Loan `8123197001`
## Borrower
- **Name:** D & E DISTRIBUTING INC.
- **Address:** 201 BULMAN RD, ROEBUCK, SC, 29376-3105
- **NAICS:** 448190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $65K
- **Jobs reported:** 33
## Lender
- **Originating:** Arthur State Bank
- **Servicing:** Arthur State Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*