PPP Loan information for Eng design, inc.

$725,000

Eng design, inc. was initially approved for PPP Loan of amount $725,000, the current approved amount is $725,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 29 jobs and $725,000 was used to fund payroll.

Eng design, inc. is New Business or 2 years or less

ENG DESIGN, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ENG DESIGN, INC.

Borrower Address

35835 STANLEY DR

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48312-2663

Loan Status Date

Loan Status

Exemption 4

Term

26

SBA Guaranty Percentage

100

Initial Approval Amount

725000.00

Current Approval Amount

725000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48312-2663

CD

MI-10

Jobs Reported

29

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

725000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

395017.38

Forgiveness Date

04/08/2022

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