PPP Loan information for Duke automotive corp.

$691,500

Duke automotive corp. was initially approved for PPP Loan of amount $691,500, the current approved amount is $691,500. The loan was approved on 04/03/2020 by The Southern Bank and Trust Company reported 54 jobs and $691,500 was used to fund payroll.

Duke automotive corp. is Existing or more than 2 years old

PPP Loan Search / VA / SUFFOLK / Duke automotive corp.

DUKE AUTOMOTIVE CORP.

Date Approved

04/03/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DUKE AUTOMOTIVE CORP.

Borrower Address

2016 North Main St

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23434-4347

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691500.00

Current Approval Amount

691500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-4347

CD

VA-02

Jobs Reported

54

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

602100.00

Mortgage Interest Proceed

0.00

Rent Proceed

47200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

32200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

695399.29

Forgiveness Date

11/03/2020

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