PPP Loan information for Designed learning inc

$119,932

Designed learning inc was initially approved for PPP Loan of amount $119,932, the current approved amount is $119,932. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $119,932 was used to fund payroll.

Designed learning inc is New Business or 2 years or less

DESIGNED LEARNING INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DESIGNED LEARNING INC

Borrower Address

208 LENOX AVE # 106

Borrower City

WESTFIELD

Borrower State

NJ

Borrower Zip

07090-5120

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119932.00

Current Approval Amount

119932.00

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

WESTFIELD

Project County Name

UNION

Project State

NJ

Project Zip

07090-5120

CD

NJ-07

Jobs Reported

6

NAICS Code

541612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

119932.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120746.88

Forgiveness Date

01/08/2021

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