PPP Loan information for Douglas development corp

$979,755

Douglas development corp was initially approved for PPP Loan of amount $979,755, the current approved amount is $979,755. The loan was approved on 03/13/2021 by The United Bank reported 55 jobs and $979,755 was used to fund payroll.

Douglas development corp is Existing or more than 2 years old

PPP Loan Search / DC / Washington / Douglas development corp

DOUGLAS DEVELOPMENT CORP

Date Approved

03/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

DOUGLAS DEVELOPMENT CORP

Borrower Address

655 New York Ave NW Ste 830

Borrower City

Washington

Borrower State

DC

Borrower Zip

20001-5795

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

979755.00

Current Approval Amount

979755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20001-5795

CD

DC-

Jobs Reported

55

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

979751.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

984708.21

Forgiveness Date

09/22/2021

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