PPP Loan information for Design 1 group llc

$645,542

Design 1 group llc was initially approved for PPP Loan of amount $645,542, the current approved amount is $645,542. The loan was approved on 04/15/2020 by The New Peoples Bank, Inc. reported 60 jobs and $645,542 was used to fund payroll.

Design 1 group llc is Existing or more than 2 years old

DESIGN 1 GROUP LLC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DESIGN 1 GROUP LLC

Borrower Address

206 MATNEY RD

Borrower City

CEDAR BLUFF

Borrower State

VA

Borrower Zip

24609-7131

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

645541.93

Current Approval Amount

645541.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR BLUFF

Project County Name

TAZEWELL

Project State

VA

Project Zip

24609-7131

CD

VA-09

Jobs Reported

60

NAICS Code

561422

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

645541.93

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

Limited Liability Company(LLC)

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

653611.20

Forgiveness Date

07/15/2021

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