PPP Loan information for Drainage and erosion solutions

$539,813

Drainage and erosion solutions was initially approved for PPP Loan of amount $539,813, the current approved amount is $539,813. The loan was approved on 03/12/2021 by The Truist Bank reported 66 jobs and $539,813 was used to fund payroll.

Drainage and erosion solutions is Existing or more than 2 years old

PPP Loan Search / VA / Falls Church / Drainage and erosion solutions

DRAINAGE AND EROSION SOLUTIONS

Date Approved

03/12/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

DRAINAGE AND EROSION SOLUTIONS

Borrower Address

2754 Cameron Rd

Borrower City

Falls Church

Borrower State

VA

Borrower Zip

22042-2015

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

539812.64

Current Approval Amount

539812.64

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Falls Church

Project County Name

FAIRFAX

Project State

VA

Project Zip

22042-2015

CD

VA-08

Jobs Reported

66

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

539810.64

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

Limited Liability Company(LLC)

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

544760.92

Forgiveness Date

02/17/2022

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