PPP Loan information for Design alternatives inc.

$170,613

Design alternatives inc. was initially approved for PPP Loan of amount $170,613, the current approved amount is $170,613. The loan was approved on 04/08/2020 by The Loan Source Incorporated reported 10 jobs and $170,613 was used to fund payroll.

Design alternatives inc. is Existing or more than 2 years old

DESIGN ALTERNATIVES INC.

Date Approved

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DESIGN ALTERNATIVES INC.

Borrower Address

1555 Route 37 West Suite 4

Borrower City

TOMS RIVER

Borrower State

NJ

Borrower Zip

08755

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170612.50

Current Approval Amount

170612.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOMS RIVER

Project County Name

OCEAN

Project State

NJ

Project Zip

08755-0001

CD

NJ-04

Jobs Reported

10

NAICS Code

541410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170612.50

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

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172655.18

Forgiveness Date

07/02/2021

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