PPP Loan information for Damon company of salem, inc.

$325,600

Damon company of salem, inc. was initially approved for PPP Loan of amount $325,600, the current approved amount is $325,600. The loan was approved on 04/28/2020 by The Freedom First FCU reported 28 jobs and $325,600 was used to fund payroll.

Damon company of salem, inc. is Existing or more than 2 years old

PPP Loan Search / VA / SALEM / Damon company of salem, inc.

DAMON COMPANY OF SALEM, INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DAMON COMPANY OF SALEM, INC.

Borrower Address

2117 Salem Industrial Drive

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325600.00

Current Approval Amount

325600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107359

Servicing Lender Name

Freedom First FCU

Servicing Lender Address

5240 Valleypark Dr

Servicing Lender City

ROANOKE

Servicing Lender State

VA

Servicing Lender Zip

24019-3002

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

SALEM

Project State

VA

Project Zip

24153-0001

CD

VA-06

Jobs Reported

28

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

325600.00

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

107359

Originating Lender

Freedom First FCU

Originating Lender City

ROANOKE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327300.36

Forgiveness Date

11/05/2020

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