PPP Loan information for Design machine inc.

$8,642

Design machine inc. was initially approved for PPP Loan of amount $8,642, the current approved amount is $8,642. The loan was approved on 05/11/2020 by The The Washington Trust Company of Westerly reported 2 jobs and $8,642 was used to fund payroll.

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

PPP Loan Search / RI / WAKEFIELD / Design machine inc.

DESIGN MACHINE INC.

Date Approved

05/11/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

DESIGN MACHINE INC.

Borrower Address

2196 POST RD

Borrower City

WAKEFIELD

Borrower State

RI

Borrower Zip

02879-7537

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8642.00

Current Approval Amount

8642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKEFIELD

Project County Name

WASHINGTON

Project State

RI

Project Zip

02879-7537

CD

RI-02

Jobs Reported

2

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8642.00

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8717.14

Forgiveness Date

03/24/2021

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