PPP Loan information for Douglas & sons inc

$401,200

Douglas & sons inc was initially approved for PPP Loan of amount $401,200, the current approved amount is $401,200. The loan was approved on 04/14/2020 by The First National Bank of Pennsylvania reported 45 jobs and $401,200 was used to fund payroll.

Douglas & sons inc is Existing or more than 2 years old

DOUGLAS & SONS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DOUGLAS & SONS INC

Borrower Address

1025 NORTH CHIPLEY FORD RD

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28625-1574

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

401200.00

Current Approval Amount

401200.00

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

45

NAICS Code

484121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

401200.00

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

404911.10

Forgiveness Date

03/25/2021

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