PPP Loan information for Design solutions incorporated

$467,900

Design solutions incorporated was initially approved for PPP Loan of amount $467,900, the current approved amount is $467,900. The loan was approved on 04/14/2020 by The Old National Bank reported 25 jobs and $467,900 was used to fund payroll.

Design solutions incorporated is Existing or more than 2 years old

DESIGN SOLUTIONS INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DESIGN SOLUTIONS INCORPORATED

Borrower Address

1266 Park Rd

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

467900.00

Current Approval Amount

467900.00

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

WACONIA

Project County Name

CARVER

Project State

MN

Project Zip

55387-0001

CD

MN-06

Jobs Reported

25

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

467900.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

470310.01

Forgiveness Date

11/03/2020

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