PPP Loan information for Damascus enterprises inc

$175,912

Damascus enterprises inc was initially approved for PPP Loan of amount $175,912, the current approved amount is $175,912. The loan was approved on 04/12/2020 by The WesBanco Bank, Inc. reported 16 jobs and $175,912 was used to fund payroll.

Damascus enterprises inc is Existing or more than 2 years old

DAMASCUS ENTERPRISES INC

Date Approved

04/12/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DAMASCUS ENTERPRISES INC

Borrower Address

26721 PURDUM RD

Borrower City

DAMASCUS

Borrower State

MD

Borrower Zip

20872-1427

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175912.00

Current Approval Amount

175912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAMASCUS

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20872-1427

CD

MD-06

Jobs Reported

16

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175912.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

178128.97

Forgiveness Date

07/27/2021

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