PPP Loan information for Direct market designs inc

$214,562

Direct market designs inc was initially approved for PPP Loan of amount $214,562, the current approved amount is $214,562. The loan was approved on 04/24/2021 by The Valley National Bank reported 14 jobs and $214,562 was used to fund payroll.

Direct market designs inc is Existing or more than 2 years old

PPP Loan Search / NJ / Paterson / Direct market designs inc

DIRECT MARKET DESIGNS INC

Date Approved

04/24/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DIRECT MARKET DESIGNS INC

Borrower Address

45 E 5th St

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07524-1101

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

214562.00

Current Approval Amount

214562.00

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

07524-1101

CD

NJ-09

Jobs Reported

14

NAICS Code

541810

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

214558.00

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

216159.29

Forgiveness Date

02/25/2022

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