PPP Loan information for Design dynamics

$47,935

Design dynamics was initially approved for PPP Loan of amount $5,722, the current approved amount is $47,935. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 7 jobs and $47,935 was used to fund payroll.

Design dynamics is Existing or more than 2 years old

DESIGN DYNAMICS

Date Approved

05/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DESIGN DYNAMICS

Borrower Address

260 SUDBURY RD

Borrower City

STOW

Borrower State

MA

Borrower Zip

01775-1545

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5722.00

Current Approval Amount

47935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STOW

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01775-1545

CD

MA-03

Jobs Reported

7

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47935.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48374.95

Forgiveness Date

06/04/2021

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