PPP Loan information for Damascus inn, inc.

$113,620

Damascus inn, inc. was initially approved for PPP Loan of amount $113,620, the current approved amount is $113,620. The loan was approved on 03/20/2021 by The Citizens Bank reported 15 jobs and $113,620 was used to fund payroll.

Damascus inn, inc. is Existing or more than 2 years old

DAMASCUS INN, INC.

Date Approved

03/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DAMASCUS INN, INC.

Borrower Address

215 W Imboden St.

Borrower City

Damascus

Borrower State

VA

Borrower Zip

24236

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113620.00

Current Approval Amount

113620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66974

Servicing Lender Name

Citizens Bank

Servicing Lender Address

300 Broad St

Servicing Lender City

ELIZABETHTON

Servicing Lender State

TN

Servicing Lender Zip

37643-2715

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Damascus

Project County Name

WASHINGTON

Project State

VA

Project Zip

24236

CD

VA-09

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

113617.00

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

66974

Originating Lender

Citizens Bank

Originating Lender City

ELIZABETHTON

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114794.07

Forgiveness Date

03/31/2022

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