PPP Loan information for Dorsett technologies,inc.

$1,171,800

Dorsett technologies,inc. was initially approved for PPP Loan of amount $1,171,800, the current approved amount is $1,171,800. The loan was approved on 04/15/2020 by The Regions Bank reported 84 jobs and $1,171,800 was used to fund payroll.

Dorsett technologies,inc. is Existing or more than 2 years old

DORSETT TECHNOLOGIES,INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DORSETT TECHNOLOGIES,INC.

Borrower Address

100 Woodlyn Dr.

Borrower City

Yadkinville

Borrower State

NC

Borrower Zip

27055-6673

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1171800.00

Current Approval Amount

1171800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Yadkinville

Project County Name

YADKIN

Project State

NC

Project Zip

27055-6673

CD

NC-05

Jobs Reported

84

NAICS Code

334418

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1171800.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1167879.56

Forgiveness Date

11/05/2020

;