PPP Loan information for Engineered design group inc

$427,200

Engineered design group inc was initially approved for PPP Loan of amount $427,200, the current approved amount is $427,200. The loan was approved on 02/06/2021 by The Santander Bank, National Association reported 22 jobs and $427,200 was used to fund payroll.

Engineered design group inc is Existing or more than 2 years old

ENGINEERED DESIGN GROUP INC

Date Approved

02/06/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ENGINEERED DESIGN GROUP INC

Borrower Address

75 South St

Borrower City

Freehold

Borrower State

NJ

Borrower Zip

07728-2317

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

427200.00

Current Approval Amount

427200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Freehold

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-2317

CD

NJ-03

Jobs Reported

22

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

427198.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

430535.67

Forgiveness Date

11/24/2021

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