PPP Loan information for Dm express inc

$1,612,500

Dm express inc was initially approved for PPP Loan of amount $1,612,500, the current approved amount is $1,612,500. The loan was approved on 01/20/2021 by The Old National Bank reported 85 jobs and $1,612,500 was used to fund payroll.

Dm express inc is Existing or more than 2 years old

DM EXPRESS INC

Date Approved

01/20/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

DM EXPRESS INC

Borrower Address

1520 Blaine St

Borrower City

Gary

Borrower State

IN

Borrower Zip

46406-2220

Loan Status Date

04/15/2023

Loan Status

Charged Off

Term

33

SBA Guaranty Percentage

100

Initial Approval Amount

1612500.00

Current Approval Amount

1612500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gary

Project County Name

LAKE

Project State

IN

Project Zip

46406-2220

CD

IN-01

Jobs Reported

85

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1612495.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;