PPP Loan information for Design concepts incorporated

$208,700

Design concepts incorporated was initially approved for PPP Loan of amount $208,700, the current approved amount is $208,700. The loan was approved on 01/21/2021 by The Pinnacle Bank reported 31 jobs and $208,700 was used to fund payroll.

Design concepts incorporated is Existing or more than 2 years old

PPP Loan Search / NC / High Point / Design concepts incorporated

DESIGN CONCEPTS INCORPORATED

Date Approved

01/21/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DESIGN CONCEPTS INCORPORATED

Borrower Address

341 South Rd

Borrower City

High Point

Borrower State

NC

Borrower Zip

27262-8156

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

208700.00

Current Approval Amount

208700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27262-8156

CD

NC-06

Jobs Reported

31

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

208694.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210741.26

Forgiveness Date

01/18/2022

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