PPP Loan information for Composite designs inc.

$274,000

Composite designs inc. was initially approved for PPP Loan of amount $274,000, the current approved amount is $274,000. The loan was approved on 02/05/2021 by The Lake City Bank reported 35 jobs and $274,000 was used to fund payroll.

Composite designs inc. is Existing or more than 2 years old

PPP Loan Search / IN / Leesburg / Composite designs inc.

COMPOSITE DESIGNS INC.

Date Approved

02/05/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

COMPOSITE DESIGNS INC.

Borrower Address

306 School St

Borrower City

Leesburg

Borrower State

IN

Borrower Zip

46538-7726

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

274000.00

Current Approval Amount

274000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leesburg

Project County Name

KOSCIUSKO

Project State

IN

Project Zip

46538-7726

CD

IN-02

Jobs Reported

35

NAICS Code

327999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

273998.00

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

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

275415.67

Forgiveness Date

08/16/2021

;