PPP Loan information for Dmc ventures inc

$97,160

Dmc ventures inc was initially approved for PPP Loan of amount $97,160, the current approved amount is $97,160. The loan was approved on 04/11/2020 by The Fulton Bank, National Association reported 7 jobs and $97,160 was used to fund payroll.

Dmc ventures inc is Existing or more than 2 years old

DMC VENTURES INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DMC VENTURES INC

Borrower Address

111 Gainsborough Sq E

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23320-1707

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97160.00

Current Approval Amount

97160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-1707

CD

VA-02

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12145.00

Payroll Proceed

72870.00

Mortgage Interest Proceed

0.00

Rent Proceed

12145.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

89630.57

Forgiveness Date

10/30/2020

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