PPP Loan information for Red dot design, llc

$152,983

Red dot design, llc was initially approved for PPP Loan of amount $152,983, the current approved amount is $152,983. The loan was approved on 04/13/2020 by The Midwest Heritage Bank, F.S.B. reported 10 jobs and $152,983 was used to fund payroll.

Red dot design, llc is Existing or more than 2 years old

RED DOT DESIGN, LLC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RED DOT DESIGN, LLC

Borrower Address

112 5TH ST

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50265-4716

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152982.50

Current Approval Amount

152982.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119840

Servicing Lender Name

Midwest Heritage Bank, F.S.B.

Servicing Lender Address

3580 EP True Pkwy, Ste 100

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50265-7654

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50265-4716

CD

IA-03

Jobs Reported

10

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114736.87

Mortgage Interest Proceed

0.00

Rent Proceed

38245.63

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119840

Originating Lender

Midwest Heritage Bank, F.S.B.

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

154134.12

Forgiveness Date

01/20/2021

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