PPP Loan information for D l o inc

$500,000

D l o inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 03/23/2021 by The Ion Bank reported 45 jobs and $500,000 was used to fund payroll.

D l o inc is Existing or more than 2 years old

D L O INC

Date Approved

03/23/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

D L O INC

Borrower Address

816 Straits Tpke

Borrower City

Watertown

Borrower State

CT

Borrower Zip

06795-3330

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Honda Automobile Division - Dealer Sales and Service Agreement

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06795-3330

CD

CT-05

Jobs Reported

45

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504506.85

Forgiveness Date

02/25/2022

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