PPP Loan information for Design line tool & equipment co., inc.

$45,200

Design line tool & equipment co., inc. was initially approved for PPP Loan of amount $45,200, the current approved amount is $45,200. The loan was approved on 04/27/2020 by The State Bank of Southern Utah reported 4 jobs and $45,200 was used to fund payroll.

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

PPP Loan Search / UT / AURORA / Design line tool & equipment co., inc.

DESIGN LINE TOOL & EQUIPMENT CO., INC.

Date Approved

04/27/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

DESIGN LINE TOOL & EQUIPMENT CO., INC.

Borrower Address

20 South Main

Borrower City

AURORA

Borrower State

UT

Borrower Zip

84620-0359

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45200.00

Current Approval Amount

45200.00

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

84620-0359

CD

UT-02

Jobs Reported

4

NAICS Code

238120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45200.00

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

45435.29

Forgiveness Date

11/05/2020

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