PPP Loan information for Damavand home insulation corp

$69,412

Damavand home insulation corp was initially approved for PPP Loan of amount $69,412, the current approved amount is $69,412. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 8 jobs and $69,412 was used to fund payroll.

Damavand home insulation corp is New Business or 2 years or less

DAMAVAND HOME INSULATION CORP

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DAMAVAND HOME INSULATION CORP

Borrower Address

7389 WASHINGTON BLVD STE 106

Borrower City

ELKRIDGE

Borrower State

MD

Borrower Zip

21075-6348

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69412.00

Current Approval Amount

69412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ELKRIDGE

Project County Name

HOWARD

Project State

MD

Project Zip

21075-6348

CD

MD-03

Jobs Reported

8

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69412.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69980.61

Forgiveness Date

02/25/2021

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