PPP Loan information for Douglas food stores inc.

$436,520

Douglas food stores inc. was initially approved for PPP Loan of amount $436,520, the current approved amount is $436,520. The loan was approved on 01/23/2021 by The New Peoples Bank, Inc. reported 50 jobs and $436,520 was used to fund payroll.

Douglas food stores inc. is Existing or more than 2 years old

PPP Loan Search / WV / Bluefield / Douglas food stores inc.

DOUGLAS FOOD STORES INC.

Date Approved

01/23/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

DOUGLAS FOOD STORES INC.

Borrower Address

301 North St

Borrower City

Bluefield

Borrower State

WV

Borrower Zip

24701-4048

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

436520.00

Current Approval Amount

436520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bluefield

Project County Name

MERCER

Project State

WV

Project Zip

24701-4048

CD

WV-01

Jobs Reported

50

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

436518.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

439126.99

Forgiveness Date

09/01/2021

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