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 04/13/2020 by The BankPlus reported 96 jobs and $700,000 was used to fund payroll.

Douglas inc is Existing or more than 2 years old

DOUGLAS INC

Date Approved

04/13/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

DOUGLAS INC

Borrower Address

4225 INDUSTRIAL DR

Borrower City

JACKSON

Borrower State

MS

Borrower Zip

39209-2748

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

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

96

NAICS Code

492110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16356.50

Payroll Proceed

597222.69

Mortgage Interest Proceed

0.00

Rent Proceed

73315.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1666.81

Debt Interest Proceed

11439

Business Type

Subchapter S Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707019.44

Forgiveness Date

04/13/2021

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