PPP Loan information for Designarc la inc.

$201,364

Designarc la inc. was initially approved for PPP Loan of amount $201,364, the current approved amount is $201,364. The loan was approved on 04/15/2020 by The American Riviera Bank reported 10 jobs and $201,364 was used to fund payroll.

Designarc la inc. is Existing or more than 2 years old

DESIGNARC LA INC.

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

DESIGNARC LA INC.

Borrower Address

29 W. Calle Laureles

Borrower City

Santa Barbara

Borrower State

CA

Borrower Zip

93105-3301

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201363.52

Current Approval Amount

201363.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441973

Servicing Lender Name

American Riviera Bank

Servicing Lender Address

1033 Anacapa St

Servicing Lender City

SANTA BARBARA

Servicing Lender State

CA

Servicing Lender Zip

93101-2102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Santa Barbara

Project County Name

SANTA BARBARA

Project State

CA

Project Zip

93105-3301

CD

CA-24

Jobs Reported

10

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

201363.52

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

441973

Originating Lender

American Riviera Bank

Originating Lender City

SANTA BARBARA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203886.16

Forgiveness Date

07/20/2021

;