PPP Loan information for Design engineers, p.c.

$863,000

Design engineers, p.c. was initially approved for PPP Loan of amount $864,800, the current approved amount is $863,000. The loan was approved on 04/09/2020 by The Hills Bank and Trust Company reported 47 jobs and $863,000 was used to fund payroll.

Design engineers, p.c. is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Design engineers, p.c.

DESIGN ENGINEERS, P.C.

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DESIGN ENGINEERS, P.C.

Borrower Address

8801 PRAIRIE VIEW LN SW, STE 200

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-4850

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

864800.00

Current Approval Amount

863000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-4850

CD

IA-02

Jobs Reported

47

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

863000.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

868321.83

Forgiveness Date

11/27/2020

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