PPP Loan information for Douglas inc

$700,000

Douglas inc was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 03/13/2021 by The BankPlus reported 250 jobs and $700,000 was used to fund payroll.

Douglas inc is Existing or more than 2 years old

PPP Loan Search / MS / Jackson / Douglas inc

DOUGLAS INC

Date Approved

03/13/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

DOUGLAS INC

Borrower Address

4225 Industrial Dr

Borrower City

Jackson

Borrower State

MS

Borrower Zip

39209-2748

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

HINDS

Project State

MS

Project Zip

39209-2748

CD

MS-02

Jobs Reported

250

NAICS Code

492110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

699994.00

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

Subchapter S Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

705483.33

Forgiveness Date

12/23/2021

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