PPP Loan information for Design source inc

$86,456

Design source inc was initially approved for PPP Loan of amount $86,456, the current approved amount is $86,456. The loan was approved on 02/10/2021 by The SouthState Bank, National Association reported 5 jobs and $86,456 was used to fund payroll.

Design source inc is Existing or more than 2 years old

DESIGN SOURCE INC

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DESIGN SOURCE INC

Borrower Address

5401 Lewis Rd Ste A

Borrower City

Sandston

Borrower State

VA

Borrower Zip

23150-1996

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86456.17

Current Approval Amount

86456.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sandston

Project County Name

HENRICO

Project State

VA

Project Zip

23150-1996

CD

VA-04

Jobs Reported

5

NAICS Code

541410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

86454.17

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86996.22

Forgiveness Date

09/29/2021

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