PPP Loan information for Douglas motors inc.

$215,200

Douglas motors inc. was initially approved for PPP Loan of amount $215,200, the current approved amount is $215,200. The loan was approved on 04/08/2020 by The CNB Bank, Inc. reported 32 jobs and $215,200 was used to fund payroll.

Douglas motors inc. is Existing or more than 2 years old

PPP Loan Search / MD / HANCOCK / Douglas motors inc.

DOUGLAS MOTORS INC.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DOUGLAS MOTORS INC.

Borrower Address

295 Resley St

Borrower City

HANCOCK

Borrower State

MD

Borrower Zip

21750-1056

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

215200.00

Current Approval Amount

215200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74975

Servicing Lender Name

CNB Bank, Inc.

Servicing Lender Address

101 S Washington St

Servicing Lender City

BERKELEY SPRINGS

Servicing Lender State

WV

Servicing Lender Zip

25411-1569

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HANCOCK

Project County Name

WASHINGTON

Project State

MD

Project Zip

21750-1056

CD

MD-06

Jobs Reported

32

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4500.00

Payroll Proceed

161500.00

Mortgage Interest Proceed

6200.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

37000

Business Type

Corporation

Originating Lender Location Id

74975

Originating Lender

CNB Bank, Inc.

Originating Lender City

BERKELEY SPRINGS

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

216774.20

Forgiveness Date

01/07/2021

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