PPP Loan information for Design ip, a professional corporation

$187,500

Design ip, a professional corporation was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 04/15/2020 by The Embassy Bank for the Lehigh Valley reported 11 jobs and $187,500 was used to fund payroll.

Design ip, a professional corporation is Existing or more than 2 years old

PPP Loan Search / PA / ALLENTOWN / Design ip, a professional corporation

DESIGN IP, A PROFESSIONAL CORPORATION

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DESIGN IP, A PROFESSIONAL CORPORATION

Borrower Address

1575 Pond Road, Suite 201

Borrower City

ALLENTOWN

Borrower State

PA

Borrower Zip

18104

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

243892

Servicing Lender Name

Embassy Bank for the Lehigh Valley

Servicing Lender Address

100 Gateway Dr

Servicing Lender City

BETHLEHEM

Servicing Lender State

PA

Servicing Lender Zip

18017-9417

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALLENTOWN

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-0001

CD

PA-07

Jobs Reported

11

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187500.00

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

Subchapter S Corporation

Originating Lender Location Id

243892

Originating Lender

Embassy Bank for the Lehigh Valley

Originating Lender City

BETHLEHEM

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189145.83

Forgiveness Date

03/05/2021

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