PPP Loan information for Designity

$137,500

Designity was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 04/15/2020 by The WebBank reported 18 jobs and $137,500 was used to fund payroll.

Designity is Existing or more than 2 years old

DESIGNITY

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DESIGNITY

Borrower Address

1 Washington Park, 7th Floor (NVP)

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-0301

CD

NJ-10

Jobs Reported

18

NAICS Code

541810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137500.00

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

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138985.76

Forgiveness Date

05/11/2021

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