PPP Loan information for Design ready controls, inc.

$4,354,800

Design ready controls, inc. was initially approved for PPP Loan of amount $4,354,800, the current approved amount is $4,354,800. The loan was approved on 04/10/2020 by The Old National Bank reported 391 jobs and $4,354,800 was used to fund payroll.

Design ready controls, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Design ready controls, inc.

DESIGN READY CONTROLS, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DESIGN READY CONTROLS, INC.

Borrower Address

9325 WINNETKA AVE N

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55445-1617

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4354800.00

Current Approval Amount

4354800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55445-1617

CD

MN-03

Jobs Reported

391

NAICS Code

335999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4354800.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4358067.96

Forgiveness Date

01/21/2022

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