PPP Loan information for Design automation associates, inc.

$768,500

Design automation associates, inc. was initially approved for PPP Loan of amount $768,500, the current approved amount is $768,500. The loan was approved on 04/15/2020 by The PeoplesBank reported 41 jobs and $768,500 was used to fund payroll.

Design automation associates, inc. is Existing or more than 2 years old

DESIGN AUTOMATION ASSOCIATES, INC.

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

DESIGN AUTOMATION ASSOCIATES, INC.

Borrower Address

12 NORTHGATE DR

Borrower City

WINDSOR LOCKS

Borrower State

CT

Borrower Zip

06096-1205

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

768500.00

Current Approval Amount

768500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32869

Servicing Lender Name

PeoplesBank

Servicing Lender Address

330 Whitney Ave

Servicing Lender City

HOLYOKE

Servicing Lender State

MA

Servicing Lender Zip

01040-2751

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINDSOR LOCKS

Project County Name

HARTFORD

Project State

CT

Project Zip

06096-1205

CD

CT-01

Jobs Reported

41

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

768500.00

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

32869

Originating Lender

PeoplesBank

Originating Lender City

HOLYOKE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

762552.26

Forgiveness Date

11/06/2020

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