PPP Loan information for Designvox, inc.

$358,500

Designvox, inc. was initially approved for PPP Loan of amount $358,500, the current approved amount is $358,500. The loan was approved on 04/10/2020 by The United Bank of Michigan reported 18 jobs and $358,500 was used to fund payroll.

Designvox, inc. is Existing or more than 2 years old

DESIGNVOX, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DESIGNVOX, INC.

Borrower Address

652 CROSWELL AVE SE STE 2

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49506-3004

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358500.00

Current Approval Amount

358500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49506-3004

CD

MI-03

Jobs Reported

18

NAICS Code

541430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

325150.00

Mortgage Interest Proceed

0.00

Rent Proceed

15400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

15000.00

Debt Interest Proceed

1950

Business Type

Subchapter S Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

361925.67

Forgiveness Date

03/31/2021

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