PPP Loan information for Design assistance construction systems, inc

$501,900

Design assistance construction systems, inc was initially approved for PPP Loan of amount $501,900, the current approved amount is $501,900. The loan was approved on 04/27/2020 by The Blue Ridge Bank, National Association reported 31 jobs and $501,900 was used to fund payroll.

Design assistance construction systems, inc is Existing or more than 2 years old

DESIGN ASSISTANCE CONSTRUCTION SYSTEMS, INC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DESIGN ASSISTANCE CONSTRUCTION SYSTEMS, INC

Borrower Address

900 Port Center Parkway

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23704

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

501900.00

Current Approval Amount

501900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-0001

CD

VA-03

Jobs Reported

31

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9600.00

Payroll Proceed

357081.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

65219.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504479.21

Forgiveness Date

11/03/2020

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