PPP Loan information for Design studios inc

$11,232

Design studios inc was initially approved for PPP Loan of amount $11,232, the current approved amount is $11,232. The loan was approved on 05/15/2020 by The Keen Bank National Association reported 1 jobs and $11,232 was used to fund payroll.

Design studios inc is Existing or more than 2 years old

DESIGN STUDIOS INC

Date Approved

05/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DESIGN STUDIOS INC

Borrower Address

9026 SE Fourteenth Ave

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-5255

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11232.00

Current Approval Amount

11232.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38998

Servicing Lender Name

Keen Bank National Association

Servicing Lender Address

101 N State St

Servicing Lender City

WASECA

Servicing Lender State

MN

Servicing Lender Zip

56093-2928

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-5255

CD

MN-01

Jobs Reported

1

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

232.00

Payroll Proceed

10000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38998

Originating Lender

Keen Bank National Association

Originating Lender City

WASECA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11281.30

Forgiveness Date

10/21/2020

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