PPP Loan information for Direct market designs

$181,265

Direct market designs was initially approved for PPP Loan of amount $181,265, the current approved amount is $181,265. The loan was approved on 05/12/2020 by The Valley National Bank reported 24 jobs and $181,265 was used to fund payroll.

Direct market designs is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Direct market designs

DIRECT MARKET DESIGNS

Date Approved

05/12/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DIRECT MARKET DESIGNS

Borrower Address

45 E. 5th Street

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07524

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

181265.00

Current Approval Amount

181265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07524-1000

CD

NJ-09

Jobs Reported

24

NAICS Code

541810

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

181265.00

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

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

183062.54

Forgiveness Date

05/25/2021

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