PPP Loan information for Douglas and sons inc.

$388,930

Douglas and sons inc. was initially approved for PPP Loan of amount $388,930, the current approved amount is $388,930. The loan was approved on 04/29/2021 by The First National Bank of Pennsylvania reported 43 jobs and $388,930 was used to fund payroll.

Douglas and sons inc. is Existing or more than 2 years old

PPP Loan Search / NC / Statesville / Douglas and sons inc.

DOUGLAS AND SONS INC.

Date Approved

04/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DOUGLAS AND SONS INC.

Borrower Address

1025 N Chipley Ford Rd

Borrower City

Statesville

Borrower State

NC

Borrower Zip

28625-1574

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388930.00

Current Approval Amount

388930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Statesville

Project County Name

IREDELL

Project State

NC

Project Zip

28625-1574

CD

NC-10

Jobs Reported

43

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

388928.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

391371.62

Forgiveness Date

12/22/2021

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