Damascus Motor Company Inc.

$50,000 PPP Loan in Damascus, Maryland

Loan Details

Loan Number
8658248409
Date Approved
Feb 13, 2021
Loan Status
Paid in Full
Initial Approval
$50,000
Current Approval
$50,000
Forgiveness Amount
$50,262
Forgiveness Date
Aug 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Damascus Motor Company Inc.
Address
26100 Woodfield Rd
ZIP Code
20872-2021
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811111)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$49,997
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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