PPP Loan information for Design line tool co. inc

$49,100

Design line tool co. inc was initially approved for PPP Loan of amount $49,100, the current approved amount is $49,100. The loan was approved on 01/30/2021 by The State Bank of Southern Utah reported 7 jobs and $49,100 was used to fund payroll.

Design line tool co. inc is Existing or more than 2 years old

PPP Loan Search / UT / Aurora / Design line tool co. inc

DESIGN LINE TOOL CO. INC

Date Approved

01/30/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

DESIGN LINE TOOL CO. INC

Borrower Address

20 S Main St

Borrower City

Aurora

Borrower State

UT

Borrower Zip

84620-7787

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49100.00

Current Approval Amount

49100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72214

Servicing Lender Name

State Bank of Southern Utah

Servicing Lender Address

377 N Main St

Servicing Lender City

CEDAR CITY

Servicing Lender State

UT

Servicing Lender Zip

84721-2639

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

SEVIER

Project State

UT

Project Zip

84620-7787

CD

UT-02

Jobs Reported

7

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49100.00

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

72214

Originating Lender

State Bank of Southern Utah

Originating Lender City

CEDAR CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49286.98

Forgiveness Date

06/25/2021

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