PPP Loan information for Designed environments inc.

$137,065

Designed environments inc. was initially approved for PPP Loan of amount $137,065, the current approved amount is $137,065. The loan was approved on 02/04/2021 by The Lake Region Bank reported 12 jobs and $137,065 was used to fund payroll.

Designed environments inc. is Existing or more than 2 years old

DESIGNED ENVIRONMENTS INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DESIGNED ENVIRONMENTS INC.

Borrower Address

421 Benson Ave SE

Borrower City

Willmar

Borrower State

MN

Borrower Zip

56201-3622

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137065.00

Current Approval Amount

137065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Willmar

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-3622

CD

MN-07

Jobs Reported

12

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

137060.00

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

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137940.69

Forgiveness Date

09/29/2021

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