PPP Loan information for Financial designs, inc.

$358,643

Financial designs, inc. was initially approved for PPP Loan of amount $358,643, the current approved amount is $358,643. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 28 jobs and $358,643 was used to fund payroll.

Financial designs, inc. is New Business or 2 years or less

FINANCIAL DESIGNS, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FINANCIAL DESIGNS, INC.

Borrower Address

39500 HIGH POINTE BLVD

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48375

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358642.50

Current Approval Amount

358642.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-0200

CD

MI-06

Jobs Reported

28

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

358642.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361421.98

Forgiveness Date

02/01/2021

;