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 03/25/2021 by The Citizens and Farmers Bank reported 28 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

03/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DIGITAL VIDEO GROUP INC

Borrower Address

105 Sylvia Rd

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005-1321

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

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

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-1321

CD

VA-01

Jobs Reported

28

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

492966.31

Forgiveness Date

06/02/2022

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