PPP Loan information for Development management group, inc.

$19,500

Development management group, inc. was initially approved for PPP Loan of amount $79,100, the current approved amount is $19,500. The loan was approved on 04/27/2020 by The Community Valley Bank reported 2 jobs and $19,500 was used to fund payroll.

Development management group, inc. is Existing or more than 2 years old

DEVELOPMENT MANAGEMENT GROUP, INC.

Date Approved

04/27/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

DEVELOPMENT MANAGEMENT GROUP, INC.

Borrower Address

41625 Eclectic St #2

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92260

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79100.00

Current Approval Amount

19500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

450961

Servicing Lender Name

Community Valley Bank

Servicing Lender Address

1443 W Main St

Servicing Lender City

EL CENTRO

Servicing Lender State

CA

Servicing Lender Zip

92243-2818

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALM DESERT

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92260-0001

CD

CA-41

Jobs Reported

2

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19500.00

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

450961

Originating Lender

Community Valley Bank

Originating Lender City

EL CENTRO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17590.14

Forgiveness Date

11/12/2020

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