PPP Loan information for Custom designs inc.

$50,000

Custom designs inc. was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 03/20/2021 by The Middlesex Savings Bank reported 6 jobs and $50,000 was used to fund payroll.

Custom designs inc. is Existing or more than 2 years old

PPP Loan Search / MA / Wayland / Custom designs inc.

CUSTOM DESIGNS INC.

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

CUSTOM DESIGNS INC.

Borrower Address

16 Old Connecticut Path

Borrower City

Wayland

Borrower State

MA

Borrower Zip

01778-2803

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wayland

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01778-2803

CD

MA-05

Jobs Reported

6

NAICS Code

236118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49998.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50194.44

Forgiveness Date

08/18/2021

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