PPP Loan information for Designed roofing systems inc.

$442,270

Designed roofing systems inc. was initially approved for PPP Loan of amount $442,270, the current approved amount is $442,270. The loan was approved on 01/27/2021 by The Prairie State Bank and Trust reported 25 jobs and $442,270 was used to fund payroll.

Designed roofing systems inc. is Existing or more than 2 years old

DESIGNED ROOFING SYSTEMS INC.

Date Approved

01/27/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

DESIGNED ROOFING SYSTEMS INC.

Borrower Address

4850 Jeffory St

Borrower City

Springfield

Borrower State

IL

Borrower Zip

62703-5350

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

442270.00

Current Approval Amount

442270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22131

Servicing Lender Name

Prairie State Bank and Trust

Servicing Lender Address

3751 W Wabash Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62711-6261

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

SANGAMON

Project State

IL

Project Zip

62703-5350

CD

IL-13

Jobs Reported

25

NAICS Code

238160

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

442268.00

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

22131

Originating Lender

Prairie State Bank and Trust

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

445230.75

Forgiveness Date

10/25/2021

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