PPP Loan information for Db systems inc

$580,119

Db systems inc was initially approved for PPP Loan of amount $580,119, the current approved amount is $580,119. The loan was approved on 03/01/2021 by The Cache Valley Bank reported 32 jobs and $580,119 was used to fund payroll.

Db systems inc is Existing or more than 2 years old

DB SYSTEMS INC

Date Approved

03/01/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

DB SYSTEMS INC

Borrower Address

2501 S Antenna Ave

Borrower City

Hurricane

Borrower State

UT

Borrower Zip

84737-1336

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

580119.45

Current Approval Amount

580119.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hurricane

Project County Name

WASHINGTON

Project State

UT

Project Zip

84737-1336

CD

UT-02

Jobs Reported

32

NAICS Code

334511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

580119.45

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

584776.52

Forgiveness Date

12/20/2021

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