PPP Loan information for Diamond engineering corp

$1,021,736

Diamond engineering corp was initially approved for PPP Loan of amount $1,021,736, the current approved amount is $1,021,736. The loan was approved on 02/04/2021 by The United Bank reported 40 jobs and $1,021,736 was used to fund payroll.

Diamond engineering corp is Existing or more than 2 years old

DIAMOND ENGINEERING CORP

Date Approved

02/04/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DIAMOND ENGINEERING CORP

Borrower Address

9825 Old Solomons Island Rd

Borrower City

Owings

Borrower State

MD

Borrower Zip

20736-9314

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1021736.00

Current Approval Amount

1021736.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Owings

Project County Name

CALVERT

Project State

MD

Project Zip

20736-9314

CD

MD-05

Jobs Reported

40

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1021733.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1029597.69

Forgiveness Date

11/15/2021

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