PPP Loan information for Design force inc

$104,900

Design force inc was initially approved for PPP Loan of amount $104,900, the current approved amount is $104,900. The loan was approved on 04/10/2020 by The Peoples Bank of Alabama reported 7 jobs and $104,900 was used to fund payroll.

Design force inc is Existing or more than 2 years old

DESIGN FORCE INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DESIGN FORCE INC

Borrower Address

50 VENTURE PVT DR

Borrower City

SOMERVILLE

Borrower State

AL

Borrower Zip

35670-6947

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104900.00

Current Approval Amount

104900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERVILLE

Project County Name

MORGAN

Project State

AL

Project Zip

35670-6947

CD

AL-05

Jobs Reported

7

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5451.54

Payroll Proceed

88448.46

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

105605.16

Forgiveness Date

12/14/2020

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