PPP Loan information for Design foundry llc

$877,902

Design foundry llc was initially approved for PPP Loan of amount $877,902, the current approved amount is $877,902. The loan was approved on 04/08/2020 by The First Horizon Bank reported 73 jobs and $877,902 was used to fund payroll.

Design foundry llc is New Business or 2 years or less

DESIGN FOUNDRY LLC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DESIGN FOUNDRY LLC

Borrower Address

1105 22nd Street SE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-9670

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

877902.00

Current Approval Amount

877902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-9670

CD

NC-10

Jobs Reported

73

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

767838.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80064.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

888363.67

Forgiveness Date

06/30/2021

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