PPP Loan information for Digitronics inc

$159,995

Digitronics inc was initially approved for PPP Loan of amount $159,995, the current approved amount is $159,995. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $159,995 was used to fund payroll.

Digitronics inc is New Business or 2 years or less

DIGITRONICS INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DIGITRONICS INC

Borrower Address

505 HUNTMAR PARK DR STE 375

Borrower City

HERNDON

Borrower State

VA

Borrower Zip

20170-5153

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159995.00

Current Approval Amount

159995.00

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

HERNDON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20170-5153

CD

VA-11

Jobs Reported

11

NAICS Code

561621

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159995.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161349.48

Forgiveness Date

03/10/2021

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