PPP Loan information for Design communications ltd.

$2,000,000

Design communications ltd. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Middlesex Savings Bank reported 280 jobs and $2,000,000 was used to fund payroll.

Design communications ltd. is Existing or more than 2 years old

DESIGN COMMUNICATIONS LTD.

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DESIGN COMMUNICATIONS LTD.

Borrower Address

85 Bodwell St

Borrower City

Avon

Borrower State

MA

Borrower Zip

02322-1190

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Avon

Project County Name

NORFOLK

Project State

MA

Project Zip

02322-1190

CD

MA-07

Jobs Reported

280

NAICS Code

339950

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Non-Veteran

Non Profit

Forgiveness Amount

2016444.44

Forgiveness Date

11/29/2021

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