PPP Loan information for Digital systems corporation

$472,800

Digital systems corporation was initially approved for PPP Loan of amount $472,800, the current approved amount is $472,800. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 31 jobs and $472,800 was used to fund payroll.

Digital systems corporation is Existing or more than 2 years old

DIGITAL SYSTEMS CORPORATION

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DIGITAL SYSTEMS CORPORATION

Borrower Address

3 Main Street

Borrower City

WALKERSVILLE

Borrower State

MD

Borrower Zip

21793-8640

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

472800.00

Current Approval Amount

472800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALKERSVILLE

Project County Name

FREDERICK

Project State

MD

Project Zip

21793-8640

CD

MD-06

Jobs Reported

31

NAICS Code

334118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

472800.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

477735.25

Forgiveness Date

05/10/2021

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