PPP Loan information for Design master associates incorporated

$294,787

Design master associates incorporated was initially approved for PPP Loan of amount $294,787, the current approved amount is $294,787. The loan was approved on 02/05/2021 by The Chesapeake Bank reported 15 jobs and $294,787 was used to fund payroll.

Design master associates incorporated is Existing or more than 2 years old

DESIGN MASTER ASSOCIATES INCORPORATED

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DESIGN MASTER ASSOCIATES INCORPORATED

Borrower Address

3005 John Deere Rd

Borrower City

Toano

Borrower State

VA

Borrower Zip

23168-9332

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

294787.00

Current Approval Amount

294787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73496

Servicing Lender Name

Chesapeake Bank

Servicing Lender Address

97 N Main St

Servicing Lender City

KILMARNOCK

Servicing Lender State

VA

Servicing Lender Zip

22482-8501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Toano

Project County Name

JAMES CITY

Project State

VA

Project Zip

23168-9332

CD

VA-01

Jobs Reported

15

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

294782.00

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

73496

Originating Lender

Chesapeake Bank

Originating Lender City

KILMARNOCK

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

296965.15

Forgiveness Date

11/03/2021

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