PPP Loan information for Design collective inc.

$1,550,000

Design collective inc. was initially approved for PPP Loan of amount $1,550,000, the current approved amount is $1,550,000. The loan was approved on 02/20/2021 by The Truist Bank reported 74 jobs and $1,550,000 was used to fund payroll.

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

PPP Loan Search / MD / Baltimore / Design collective inc.

DESIGN COLLECTIVE INC.

Date Approved

02/20/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

DESIGN COLLECTIVE INC.

Borrower Address

601 Esat Pratt St Ste 300

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21202

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1550000.00

Current Approval Amount

1550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21202

CD

MD-03

Jobs Reported

74

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1549996.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1559386.11

Forgiveness Date

10/06/2021

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