PPP Loan information for Design systems & services corporation

$216,717

Design systems & services corporation was initially approved for PPP Loan of amount $216,717, the current approved amount is $216,717. The loan was approved on 02/05/2021 by The Atlantic Union Bank reported 20 jobs and $216,717 was used to fund payroll.

Design systems & services corporation is Existing or more than 2 years old

DESIGN SYSTEMS & SERVICES CORPORATION

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

DESIGN SYSTEMS & SERVICES CORPORATION

Borrower Address

320 East Wythe Street 320 East Wythe Street

Borrower City

Petersburg

Borrower State

VA

Borrower Zip

23803

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

216717.00

Current Approval Amount

216717.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Petersburg

Project County Name

PETERSBURG CITY

Project State

VA

Project Zip

23803

CD

VA-04

Jobs Reported

20

NAICS Code

238160

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216717.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

219636.66

Forgiveness Date

06/13/2022

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