PPP Loan information for Digital video group inc

$487,200

Digital video group inc was initially approved for PPP Loan of amount $487,200, the current approved amount is $487,200. The loan was approved on 04/04/2020 by The Citizens and Farmers Bank reported 29 jobs and $487,200 was used to fund payroll.

Digital video group inc is Existing or more than 2 years old

DIGITAL VIDEO GROUP INC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DIGITAL VIDEO GROUP INC

Borrower Address

8526 Meadowbridge Road Suite 100

Borrower City

MECHANICSVILLE

Borrower State

VA

Borrower Zip

23116-1502

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487200.00

Current Approval Amount

487200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSVILLE

Project County Name

HANOVER

Project State

VA

Project Zip

23116-1502

CD

VA-01

Jobs Reported

29

NAICS Code

423410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

487200.00

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

Subchapter S Corporation

Originating Lender Location Id

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

492525.83

Forgiveness Date

05/13/2021

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