PPP Loan information for Dorsett industries inc

$1,518,443

Dorsett industries inc was initially approved for PPP Loan of amount $1,518,443, the current approved amount is $1,518,443. The loan was approved on 04/08/2021 by The Synovus Bank reported 128 jobs and $1,518,443 was used to fund payroll.

Dorsett industries inc is Existing or more than 2 years old

DORSETT INDUSTRIES INC

Date Approved

04/08/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

DORSETT INDUSTRIES INC

Borrower Address

1304 May St

Borrower City

Dalton

Borrower State

GA

Borrower Zip

30721-4132

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1518442.50

Current Approval Amount

1518442.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dalton

Project County Name

WHITFIELD

Project State

GA

Project Zip

30721-4132

CD

GA-14

Jobs Reported

128

NAICS Code

314110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1518437.50

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

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1526637.93

Forgiveness Date

10/27/2021

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