PPP Loan information for Designers' choice inc.

$48,012

Designers' choice inc. was initially approved for PPP Loan of amount $48,012, the current approved amount is $48,012. The loan was approved on 02/04/2021 by The Loan Source Incorporated reported 6 jobs and $48,012 was used to fund payroll.

Designers' choice inc. is Existing or more than 2 years old

DESIGNERS' CHOICE INC.

Date Approved

02/04/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

DESIGNERS' CHOICE INC.

Borrower Address

4338 Rock Springs Rd

Borrower City

Smyrna

Borrower State

TN

Borrower Zip

37167-6149

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48012.00

Current Approval Amount

48012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smyrna

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37167-6149

CD

TN-04

Jobs Reported

6

NAICS Code

541410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

48010.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48350.06

Forgiveness Date

10/27/2021

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