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
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
Project County Name
YADKIN
Project State
Project Zip
CD
NC-05
Jobs Reported
84
NAICS Code
334418
Race
American Indian or Alaska Native
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1167879.56
Forgiveness Date
11/05/2020