PPP Loan information for District construction corporation

$529,300

District construction corporation was initially approved for PPP Loan of amount $529,300, the current approved amount is $529,300. The loan was approved on 04/09/2020 by The Community Bank of the Chesapeake reported 59 jobs and $529,300 was used to fund payroll.

District construction corporation is Existing or more than 2 years old

DISTRICT CONSTRUCTION CORPORATION

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DISTRICT CONSTRUCTION CORPORATION

Borrower Address

100 M ST SUITE 600

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20003-3648

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529300.00

Current Approval Amount

529300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20003-3648

CD

DC-

Jobs Reported

59

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

529300.00

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

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

532225.85

Forgiveness Date

11/03/2020

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