PPP Loan information for Design contracting inc.

$79,600

Design contracting inc. was initially approved for PPP Loan of amount $79,600, the current approved amount is $79,600. The loan was approved on 03/05/2021 by The Loan Source Incorporated reported 10 jobs and $79,600 was used to fund payroll.

Design contracting inc. is Existing or more than 2 years old

DESIGN CONTRACTING INC.

Date Approved

03/05/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

DESIGN CONTRACTING INC.

Borrower Address

1000 N Heald St

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19802-5237

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79600.00

Current Approval Amount

79600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19802-5237

CD

DE-

Jobs Reported

10

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79600.00

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

Non-Profit Organization

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Y

Forgiveness Amount

80422.17

Forgiveness Date

03/24/2022

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