PPP Loan information for Designeradvantage, inc

$492,793

Designeradvantage, inc was initially approved for PPP Loan of amount $492,793, the current approved amount is $492,793. The loan was approved on 04/30/2020 by The Customers Bank reported 37 jobs and $492,793 was used to fund payroll.

Designeradvantage, inc is Existing or more than 2 years old

DESIGNERADVANTAGE, INC

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DESIGNERADVANTAGE, INC

Borrower Address

1340 Centre St Suite 106

Borrower City

Newton

Borrower State

MA

Borrower Zip

02459

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492793.00

Current Approval Amount

492793.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02459-0001

CD

MA-04

Jobs Reported

37

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

492793.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

496222.30

Forgiveness Date

01/14/2021

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