PPP Loan information for Damascus diner

$38,700

Damascus diner was initially approved for PPP Loan of amount $38,700, the current approved amount is $38,700. The loan was approved on 04/07/2020 by The Powell Valley National Bank reported 14 jobs and $38,700 was used to fund payroll.

Damascus diner is New Business or 2 years or less

DAMASCUS DINER

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DAMASCUS DINER

Borrower Address

109 S Shady Ave

Borrower City

DAMASCUS

Borrower State

VA

Borrower Zip

24236-3128

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38700.00

Current Approval Amount

38700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DAMASCUS

Project County Name

WASHINGTON

Project State

VA

Project Zip

24236-3128

CD

VA-09

Jobs Reported

14

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38700.00

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

Sole Proprietorship

Originating Lender Location Id

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39035.05

Forgiveness Date

02/25/2021

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