PPP Loan information for Design partners inc

$666,900

Design partners inc was initially approved for PPP Loan of amount $666,900, the current approved amount is $666,900. The loan was approved on 04/08/2020 by The Johnson Bank reported 35 jobs and $666,900 was used to fund payroll.

Design partners inc is Existing or more than 2 years old

DESIGN PARTNERS INC

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DESIGN PARTNERS INC

Borrower Address

338 MAIN ST

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53403-1029

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

666900.00

Current Approval Amount

666900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53403-1029

CD

WI-01

Jobs Reported

35

NAICS Code

541613

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

83362.50

Payroll Proceed

500175.00

Mortgage Interest Proceed

0.00

Rent Proceed

83362.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

672162.12

Forgiveness Date

02/03/2021

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