PPP Loan information for Duncake inc

$492,466

Duncake inc was initially approved for PPP Loan of amount $492,466, the current approved amount is $492,466. The loan was approved on 02/24/2021 by The Equity Bank reported 27 jobs and $492,466 was used to fund payroll.

Duncake inc is Existing or more than 2 years old

PPP Loan Search / MD / Silver Spring / Duncake inc

DUNCAKE INC

Date Approved

02/24/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

DUNCAKE INC

Borrower Address

12251 Tech Rd

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20904-1901

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

492466.00

Current Approval Amount

492466.00

Undisbursed Amount

0.00

Franchise Name

IHOP

Servicing Lender Location Id

25667

Servicing Lender Name

Equity Bank

Servicing Lender Address

345 N Andover Rd

Servicing Lender City

ANDOVER

Servicing Lender State

KS

Servicing Lender Zip

67002-9645

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20904-1901

CD

MD-08

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

492466.00

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

25667

Originating Lender

Equity Bank

Originating Lender City

ANDOVER

Originating Lender State

KS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

495147.20

Forgiveness Date

09/10/2021

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