PPP Loan information for Prodesign specialties inc

$217,108

Prodesign specialties inc was initially approved for PPP Loan of amount $217,108, the current approved amount is $217,108. The loan was approved on 04/07/2020 by The Mountain Valley Bank reported 21 jobs and $217,108 was used to fund payroll.

Prodesign specialties inc is Existing or more than 2 years old

PRODESIGN SPECIALTIES INC

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

PRODESIGN SPECIALTIES INC

Borrower Address

8317 First St

Borrower City

WELLINGTON

Borrower State

CO

Borrower Zip

80549-0689

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217107.92

Current Approval Amount

217107.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15766

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

461 Main St

Servicing Lender City

WALDEN

Servicing Lender State

CO

Servicing Lender Zip

80480

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLINGTON

Project County Name

LARIMER

Project State

CO

Project Zip

80549-0689

CD

CO-04

Jobs Reported

21

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11421.58

Payroll Proceed

173686.34

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15766

Originating Lender

Mountain Valley Bank

Originating Lender City

WALDEN

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

218314.08

Forgiveness Date

11/03/2020

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