PPP Loan information for Designs group llc

$47,750

Designs group llc was initially approved for PPP Loan of amount $47,750, the current approved amount is $47,750. The loan was approved on 04/11/2020 by The First Farmers Bank & Trust Co. reported 6 jobs and $47,750 was used to fund payroll.

Designs group llc is Existing or more than 2 years old

DESIGNS GROUP LLC

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DESIGNS GROUP LLC

Borrower Address

118 E 4th St

Borrower City

Marion

Borrower State

IN

Borrower Zip

46952-4000

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47750.00

Current Approval Amount

47750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marion

Project County Name

GRANT

Project State

IN

Project Zip

46952-4000

CD

IN-05

Jobs Reported

6

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47750.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48028.65

Forgiveness Date

11/19/2020

;