PPP Loan information for Down east offroad, inc.

$133,520

Down east offroad, inc. was initially approved for PPP Loan of amount $156,200, the current approved amount is $133,520. The loan was approved on 04/06/2020 by The Southern Bank and Trust Company reported 14 jobs and $133,520 was used to fund payroll.

Down east offroad, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WILSON / Down east offroad, inc.

DOWN EAST OFFROAD, INC.

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DOWN EAST OFFROAD, INC.

Borrower Address

1425 THORNE AVE S

Borrower City

WILSON

Borrower State

NC

Borrower Zip

27896-6040

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156200.00

Current Approval Amount

133520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WILSON

Project County Name

NASH

Project State

NC

Project Zip

27896-6040

CD

NC-01

Jobs Reported

14

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

133520.00

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

Subchapter S Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

134784.73

Forgiveness Date

03/25/2021

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