PPP Loan information for Designarc group llc

$88,100

Designarc group llc was initially approved for PPP Loan of amount $88,100, the current approved amount is $88,100. The loan was approved on 02/19/2021 by The First Bank & Trust reported 6 jobs and $88,100 was used to fund payroll.

Designarc group llc is Existing or more than 2 years old

DESIGNARC GROUP LLC

Date Approved

02/19/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

DESIGNARC GROUP LLC

Borrower Address

830 2nd St S

Borrower City

Brookings

Borrower State

SD

Borrower Zip

57006-3044

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88100.00

Current Approval Amount

88100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brookings

Project County Name

BROOKINGS

Project State

SD

Project Zip

57006-3044

CD

SD-

Jobs Reported

6

NAICS Code

541310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88100.00

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

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88638.39

Forgiveness Date

10/04/2021

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