PPP Loan information for Design resources group inc

$554,197

Design resources group inc was initially approved for PPP Loan of amount $554,197, the current approved amount is $554,197. The loan was approved on 03/27/2021 by The PNC Bank, National Association reported 22 jobs and $554,197 was used to fund payroll.

Design resources group inc is Existing or more than 2 years old

DESIGN RESOURCES GROUP INC

Date Approved

03/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DESIGN RESOURCES GROUP INC

Borrower Address

200 Franklin Square Dr Ste 402 200 Franklin Square Dr Ste 402

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-4184

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

554197.00

Current Approval Amount

554197.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-4184

CD

NJ-12

Jobs Reported

22

NAICS Code

541310

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

554195.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

558492.03

Forgiveness Date

01/06/2022

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