PPP Loan information for Dorrance company inc, the

$45,000

Dorrance company inc, the was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $45,000 was used to fund payroll.

Dorrance company inc, the is New Business or 2 years or less

PPP Loan Search / MD / SEVERNA PARK / Dorrance company inc, the

DORRANCE COMPANY INC, THE

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DORRANCE COMPANY INC, THE

Borrower Address

42 HOLLY RD

Borrower City

SEVERNA PARK

Borrower State

MD

Borrower Zip

21146-2410

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

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

SEVERNA PARK

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21146-2410

CD

MD-03

Jobs Reported

6

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45000.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45313.15

Forgiveness Date

01/14/2021

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