PPP Loan information for Design resource and services inc

$258,757

Design resource and services inc was initially approved for PPP Loan of amount $258,757, the current approved amount is $258,757. The loan was approved on 02/03/2021 by The Webster Bank National Association reported 13 jobs and $258,757 was used to fund payroll.

Design resource and services inc is Existing or more than 2 years old

DESIGN RESOURCE AND SERVICES INC

Date Approved

02/03/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

DESIGN RESOURCE AND SERVICES INC

Borrower Address

478 Timber Ridge Rd

Borrower City

Middletown

Borrower State

CT

Borrower Zip

06457-7540

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258757.00

Current Approval Amount

258757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-7540

CD

CT-01

Jobs Reported

13

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

258755.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261365.84

Forgiveness Date

03/01/2022

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