PPP Loan information for Douglas food stores, inc.

$432,662

Douglas food stores, inc. was initially approved for PPP Loan of amount $381,021, the current approved amount is $432,662. The loan was approved on 04/08/2020 by The New Peoples Bank, Inc. reported 50 jobs and $432,662 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

04/08/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DOUGLAS FOOD STORES, INC.

Borrower Address

301 NORTH ST

Borrower City

BLUEFIELD

Borrower State

WV

Borrower Zip

24701-4048

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381021.00

Current Approval Amount

432662.00

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

337215

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

432662.00

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

435834.85

Forgiveness Date

01/07/2021

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