PPP Loan information for Danville development corporation

$196,258

Danville development corporation was initially approved for PPP Loan of amount $196,258, the current approved amount is $196,258. The loan was approved on 02/11/2021 by The United Bank reported 23 jobs and $196,258 was used to fund payroll.

Danville development corporation is Existing or more than 2 years old

PPP Loan Search / VA / Fredericksburg / Danville development corporation

DANVILLE DEVELOPMENT CORPORATION

Date Approved

02/11/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DANVILLE DEVELOPMENT CORPORATION

Borrower Address

5327 Jefferson Davis Hwy

Borrower City

Fredericksburg

Borrower State

VA

Borrower Zip

22408-2607

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196258.00

Current Approval Amount

196258.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fredericksburg

Project County Name

SPOTSYLVANIA

Project State

VA

Project Zip

22408-2607

CD

VA-07

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

196257.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198618.55

Forgiveness Date

05/03/2022

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