PPP Loan information for Concepts and designs, inc.

$1,731,200

Concepts and designs, inc. was initially approved for PPP Loan of amount $1,731,200, the current approved amount is $1,731,200. The loan was approved on 04/08/2020 by The Profinium, Inc. reported 143 jobs and $1,731,200 was used to fund payroll.

Concepts and designs, inc. is Existing or more than 2 years old

CONCEPTS AND DESIGNS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CONCEPTS AND DESIGNS, INC.

Borrower Address

2100 Park Drive

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-4907

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1731200.00

Current Approval Amount

1731200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38950

Servicing Lender Name

Profinium, Inc.

Servicing Lender Address

414 N Fifth Ave East

Servicing Lender City

TRUMAN

Servicing Lender State

MN

Servicing Lender Zip

56088

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-4907

CD

MN-01

Jobs Reported

143

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1731200.00

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

38950

Originating Lender

Profinium, Inc.

Originating Lender City

TRUMAN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1747598.31

Forgiveness Date

03/25/2021

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