PPP Loan information for Design technique, inc.

$75,700

Design technique, inc. was initially approved for PPP Loan of amount $75,700, the current approved amount is $75,700. The loan was approved on 04/07/2020 by The Institution for Savings In Newburyport and its Vicinity reported 4 jobs and $75,700 was used to fund payroll.

Design technique, inc. is Existing or more than 2 years old

PPP Loan Search / MA / NEWBURYPORT / Design technique, inc.

DESIGN TECHNIQUE, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DESIGN TECHNIQUE, INC.

Borrower Address

44 Merrimac Street

Borrower City

NEWBURYPORT

Borrower State

MA

Borrower Zip

01950-2024

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75700.00

Current Approval Amount

75700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33175

Servicing Lender Name

Institution for Savings In Newburyport and its Vicinity

Servicing Lender Address

93 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURYPORT

Project County Name

ESSEX

Project State

MA

Project Zip

01950-2024

CD

MA-06

Jobs Reported

4

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6308.00

Payroll Proceed

56775.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6309.00

Debt Interest Proceed

6308

Business Type

Subchapter S Corporation

Originating Lender Location Id

33175

Originating Lender

Institution for Savings In Newburyport and its Vicinity

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76369.89

Forgiveness Date

03/05/2021

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