PPP Loan information for D.r.s. and associates inc.

$78,269

D.r.s. and associates inc. was initially approved for PPP Loan of amount $78,269, the current approved amount is $78,269. The loan was approved on 02/25/2021 by The Farmers & Merchants Bank reported 8 jobs and $78,269 was used to fund payroll.

D.r.s. and associates inc. is Existing or more than 2 years old

D.R.S. AND ASSOCIATES INC.

Date Approved

02/25/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

D.R.S. AND ASSOCIATES INC.

Borrower Address

52 Winters St

Borrower City

Westminster

Borrower State

MD

Borrower Zip

21157-6492

Loan Status Date

05/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78269.40

Current Approval Amount

78269.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westminster

Project County Name

CARROLL

Project State

MD

Project Zip

21157-6492

CD

MD-02

Jobs Reported

8

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78268.40

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

78591.06

Forgiveness Date

08/02/2021

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