PPP Loan information for Douglas machines, inc

$53,823

Douglas machines, inc was initially approved for PPP Loan of amount $53,823, the current approved amount is $53,823. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 5 jobs and $53,823 was used to fund payroll.

Douglas machines, inc is Existing or more than 2 years old

PPP Loan Search / GA / ATHENS / Douglas machines, inc

DOUGLAS MACHINES, INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

DOUGLAS MACHINES, INC

Borrower Address

355 Old Commerce Rd

Borrower City

ATHENS

Borrower State

GA

Borrower Zip

30607

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53822.62

Current Approval Amount

53822.62

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19435

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

884 Elbert St

Servicing Lender City

ELBERTON

Servicing Lender State

GA

Servicing Lender Zip

30635-2628

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

CLARKE

Project State

GA

Project Zip

30607-1000

CD

GA-10

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53822.62

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

19435

Originating Lender

Pinnacle Bank

Originating Lender City

ELBERTON

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54170.97

Forgiveness Date

12/04/2020

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