PPP Loan information for Designs, inc

$43,195

Designs, inc was initially approved for PPP Loan of amount $43,195, the current approved amount is $43,195. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $43,195 was used to fund payroll.

Designs, inc is New Business or 2 years or less

PPP Loan Search / VI / ST THOMAS / Designs, inc

DESIGNS, INC

Date Approved

05/01/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

DESIGNS, INC

Borrower Address

127 SUBBASE SUITE 505

Borrower City

ST THOMAS

Borrower State

VI

Borrower Zip

00802

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43195.00

Current Approval Amount

43195.00

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

ST THOMAS

Project County Name

SAINT THOMAS

Project State

VI

Project Zip

00802-1000

CD

VI-

Jobs Reported

5

NAICS Code

339950

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43195.00

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

Non-Veteran

Non Profit

Forgiveness Amount

43572.51

Forgiveness Date

03/17/2021

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