PPP Loan information for Desmi inc.

$488,165

Desmi inc. was initially approved for PPP Loan of amount $488,165, the current approved amount is $488,165. The loan was approved on 03/27/2021 by The TowneBank reported 32 jobs and $488,165 was used to fund payroll.

Desmi inc. is Existing or more than 2 years old

PPP Loan Search / VA / Chesapeake / Desmi inc.

DESMI INC.

Date Approved

03/27/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DESMI INC.

Borrower Address

1119 Cavalier Blvd

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23323-1505

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

488165.00

Current Approval Amount

488165.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23323-1505

CD

VA-03

Jobs Reported

32

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

488160.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489602.37

Forgiveness Date

07/14/2021

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