PPP Loan information for American design, ltd

$371,900

American design, ltd was initially approved for PPP Loan of amount $371,900, the current approved amount is $371,900. The loan was approved on 04/08/2020 by The Independent Bank reported 33 jobs and $371,900 was used to fund payroll.

American design, ltd is Existing or more than 2 years old

AMERICAN DESIGN, LTD

Date Approved

04/08/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

AMERICAN DESIGN, LTD

Borrower Address

70 S POTOMAC ST

Borrower City

AURORA

Borrower State

CO

Borrower Zip

80012-1333

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371900.00

Current Approval Amount

371900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

ARAPAHOE

Project State

CO

Project Zip

80012-1333

CD

CO-06

Jobs Reported

33

NAICS Code

541410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

293000.00

Mortgage Interest Proceed

0.00

Rent Proceed

78900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

375680.98

Forgiveness Date

04/22/2021

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