PPP Loan information for Design solutions inc

$467,963

Design solutions inc was initially approved for PPP Loan of amount $467,963, the current approved amount is $467,963. The loan was approved on 01/27/2021 by The Old National Bank reported 19 jobs and $467,963 was used to fund payroll.

Design solutions inc is Existing or more than 2 years old

DESIGN SOLUTIONS INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DESIGN SOLUTIONS INC

Borrower Address

1266 Park Rd

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317-9260

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

467962.50

Current Approval Amount

467962.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanhassen

Project County Name

CARVER

Project State

MN

Project Zip

55317-9260

CD

MN-06

Jobs Reported

19

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

467961.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

471167.72

Forgiveness Date

10/06/2021

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