# PPP loan: D & L DISTRIBUTING INC
> **$337K** approved 04/09/2020 · Paid in Full · Loan `9815907006`
## Borrower
- **Name:** D & L DISTRIBUTING INC
- **Address:** 13850 W Camino Del Sol, SUN CITY WEST, AZ, 85375-4410
- **NAICS:** 444130
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $253K
- **Mortgage interest:** $84K
- **Jobs reported:** 75
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*