# PPP loan: PROFESSIONAL DISTRIBUTION CENTER, INC.
> **$501K** approved 04/09/2020 · Paid in Full · Loan `9432247001`
## Borrower
- **Name:** PROFESSIONAL DISTRIBUTION CENTER, INC.
- **Address:** 10980 STANCLIFF RD, HOUSTON, TX, 77099-4206
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $501K
- **Initial approval:** $501K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Jobs reported:** 40
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*