PPP Loan information for Design x manufacturing, inc.

$80,507

Design x manufacturing, inc. was initially approved for PPP Loan of amount $79,232, the current approved amount is $80,507. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 13 jobs and $80,507 was used to fund payroll.

Design x manufacturing, inc. is New Business or 2 years or less

DESIGN X MANUFACTURING, INC.

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

DESIGN X MANUFACTURING, INC.

Borrower Address

83 SPENCER PLAIN RD

Borrower City

OLD SAYBROOK

Borrower State

CT

Borrower Zip

06475-4001

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79232.00

Current Approval Amount

80507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OLD SAYBROOK

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-4001

CD

CT-02

Jobs Reported

13

NAICS Code

337127

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80507.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

70858.57

Forgiveness Date

11/12/2020

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