PPP Loan information for Design masters associates, inc

$294,700

Design masters associates, inc was initially approved for PPP Loan of amount $294,700, the current approved amount is $294,700. The loan was approved on 04/04/2020 by The Chesapeake Bank reported 22 jobs and $294,700 was used to fund payroll.

Design masters associates, inc is Existing or more than 2 years old

PPP Loan Search / VA / TOANO / Design masters associates, inc

DESIGN MASTERS ASSOCIATES, INC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DESIGN MASTERS ASSOCIATES, INC

Borrower Address

3005 JOHN DEERE RD

Borrower City

TOANO

Borrower State

VA

Borrower Zip

23168-9332

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294700.00

Current Approval Amount

294700.00

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

22

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

237200.00

Mortgage Interest Proceed

0.00

Rent Proceed

47500.00

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

297663.37

Forgiveness Date

04/06/2021

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