PPP Loan information for Designed environments inc

$77,700

Designed environments inc was initially approved for PPP Loan of amount $77,700, the current approved amount is $77,700. The loan was approved on 04/04/2020 by The Lake Region Bank reported 5 jobs and $77,700 was used to fund payroll.

Designed environments inc is Existing or more than 2 years old

DESIGNED ENVIRONMENTS INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DESIGNED ENVIRONMENTS INC

Borrower Address

421 BENSON AVE SE

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201-3235

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77700.00

Current Approval Amount

77700.00

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

56201-3235

CD

MN-07

Jobs Reported

5

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62124.00

Mortgage Interest Proceed

0.00

Rent Proceed

15576.00

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

78645.35

Forgiveness Date

06/28/2021

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