With the backdrop of a global pandemic that impacted the end of the first quarter, AD reported a 2% increase in member sales across its 12 divisions, totaling $11 billion in the first three months of 2020.
The Winsupply preferred vendors that won in each category were chosen based on several criteria, the most important of which was being a leader in growing the segment's business over the past year.
The company’s sales were $794 million for the first quarter of 2020, which was 4% higher than the fourth quarter of 2019 and 18% lower than the first quarter of 2019.
The SBA put out notice that until 11:59 p.m. EST on April 29, it will only accept Paycheck Protection Program (PPP) loans from lenders with assets with less than $1 billion.