PPP Loan information for Devco corporation

$225,265

Devco corporation was initially approved for PPP Loan of amount $225,265, the current approved amount is $225,265. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 7 jobs and $225,265 was used to fund payroll.

Devco corporation is New Business or 2 years or less

DEVCO CORPORATION

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DEVCO CORPORATION

Borrower Address

131 MORRISTOWN RD

Borrower City

BASKING RIDGE

Borrower State

NJ

Borrower Zip

07920-1654

Loan Status Date

02/16/2023

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

225265.00

Current Approval Amount

225265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BASKING RIDGE

Project County Name

SOMERSET

Project State

NJ

Project Zip

07920-1654

CD

NJ-07

Jobs Reported

7

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225265.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168170.01

Forgiveness Date

09/23/2022

;