PPP Loan information for Destination commerce corporation

$31,400

Destination commerce corporation was initially approved for PPP Loan of amount $31,400, the current approved amount is $31,400. The loan was approved on 04/13/2020 by The TowneBank reported 2 jobs and $31,400 was used to fund payroll.

Destination commerce corporation is Existing or more than 2 years old

PPP Loan Search / NC / MANTEO / Destination commerce corporation

DESTINATION COMMERCE CORPORATION

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DESTINATION COMMERCE CORPORATION

Borrower Address

301 Sir Walter Raliegh St Mante

Borrower City

MANTEO

Borrower State

NC

Borrower Zip

27954

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31400.00

Current Approval Amount

31400.00

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

MANTEO

Project County Name

DARE

Project State

NC

Project Zip

27954-0001

CD

NC-03

Jobs Reported

2

NAICS Code

541870

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31400.00

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

31653.82

Forgiveness Date

02/10/2021

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