Date Approved
02/24/2021
SBA Office Code
0341
Processing Method
PPS
Borrower Name
DAVIS & ADAMS
Borrower Address
21710 Roth Ave
Borrower City
Georgetown
Borrower State
DE
Borrower Zip
19947-3239
Loan Status Date
04/28/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
278841.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
441170
Servicing Lender Name
Community Bank Delaware
Servicing Lender Address
16982 Kings Hwy
Servicing Lender City
LEWES
Servicing Lender State
Servicing Lender Zip
19958-4785
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SUSSEX
Project State
Project Zip
CD
DE-
Jobs Reported
86
NAICS Code
722511
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
278836.50
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
281691.88
Forgiveness Date
03/02/2022