PPP Loan information for Designed cabinets, inc.

$913,402

Designed cabinets, inc. was initially approved for PPP Loan of amount $913,402, the current approved amount is $913,402. The loan was approved on 04/13/2020 by The New Market Bank reported 80 jobs and $913,402 was used to fund payroll.

Designed cabinets, inc. is Existing or more than 2 years old

DESIGNED CABINETS, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DESIGNED CABINETS, INC.

Borrower Address

7965 215th Street West

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-9016

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

913402.00

Current Approval Amount

913402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38673

Servicing Lender Name

New Market Bank

Servicing Lender Address

101 Old Town Rd

Servicing Lender City

ELKO NEW MARKET

Servicing Lender State

MN

Servicing Lender Zip

55054

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-9016

CD

MN-02

Jobs Reported

80

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

913402.00

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

38673

Originating Lender

New Market Bank

Originating Lender City

ELKO NEW MARKET

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

918882.41

Forgiveness Date

11/30/2020

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