PPP Loan information for Designtech, inc.

$481,605

Designtech, inc. was initially approved for PPP Loan of amount $481,605, the current approved amount is $481,605. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 22 jobs and $481,605 was used to fund payroll.

Designtech, inc. is Existing or more than 2 years old

PPP Loan Search / MD / KENSINGTON / Designtech, inc.

DESIGNTECH, INC.

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

DESIGNTECH, INC.

Borrower Address

10410 KENSINGTON PARKWAY, #200

Borrower City

KENSINGTON

Borrower State

MD

Borrower Zip

20895

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

481605.00

Current Approval Amount

481605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENSINGTON

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-0001

CD

MD-08

Jobs Reported

22

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

412605.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

485207.14

Forgiveness Date

01/20/2021

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