PPP Loan information for Design phase, inc.

$529,700

Design phase, inc. was initially approved for PPP Loan of amount $529,700, the current approved amount is $529,700. The loan was approved on 04/14/2020 by The Lake Forest Bank & Trust Company, National Association reported 30 jobs and $529,700 was used to fund payroll.

Design phase, inc. is Existing or more than 2 years old

PPP Loan Search / IL / WAUKEGAN / Design phase, inc.

DESIGN PHASE, INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DESIGN PHASE, INC.

Borrower Address

1771 S. lakeside Drive

Borrower City

WAUKEGAN

Borrower State

IL

Borrower Zip

60085

Loan Status Date

07/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529700.00

Current Approval Amount

529700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAUKEGAN

Project County Name

LAKE

Project State

IL

Project Zip

60085-0302

CD

IL-10

Jobs Reported

30

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

66212.50

Payroll Proceed

397275.00

Mortgage Interest Proceed

0.00

Rent Proceed

66212.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

532569.21

Forgiveness Date

11/03/2020

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