PPP Loan information for Debinc.

$112,000

Debinc. was initially approved for PPP Loan of amount $112,000, the current approved amount is $112,000. The loan was approved on 02/02/2021 by The The Old Point National Bank of Phoebus reported 12 jobs and $112,000 was used to fund payroll.

Debinc. is Existing or more than 2 years old

DEBINC.

Date Approved

02/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DEBINC.

Borrower Address

2707 Atlantic Ave

Borrower City

Va Beach

Borrower State

VA

Borrower Zip

23451-3135

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

112000.00

Current Approval Amount

112000.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Va Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-3135

CD

VA-02

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

111995.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

112634.67

Forgiveness Date

09/15/2021

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