PPP Loan information for Damac ii, inc.

$200,281

Damac ii, inc. was initially approved for PPP Loan of amount $200,281, the current approved amount is $200,281. The loan was approved on 04/10/2020 by The Horizon Bank reported 70 jobs and $200,281 was used to fund payroll.

Damac ii, inc. is Existing or more than 2 years old

PPP Loan Search / IN / KOKOMO / Damac ii, inc.

DAMAC II, INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DAMAC II, INC.

Borrower Address

295 East Lincoln Road

Borrower City

KOKOMO

Borrower State

IN

Borrower Zip

46902-3562

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200281.00

Current Approval Amount

200281.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KOKOMO

Project County Name

HOWARD

Project State

IN

Project Zip

46902-3562

CD

IN-05

Jobs Reported

70

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13352.06

Payroll Proceed

160224.80

Mortgage Interest Proceed

13352.07

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13352.07

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

201427.81

Forgiveness Date

11/20/2020

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