PPP Loan information for Davis & davis machine & welding company inc

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DAVIS & DAVIS MACHINE & WELDING COMPANY INC

Borrower Address

4956 COMMUNITY DR

Borrower City

ROCKY MOUNT

Borrower State

NC

Borrower Zip

27804-3065

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83233.00

Current Approval Amount

83233.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKY MOUNT

Project County Name

NASH

Project State

NC

Project Zip

27804-3065

CD

NC-01

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83233.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83921.98

Forgiveness Date

02/17/2021