PPP Loan information for Initial design group, inc.

$46,700

Initial design group, inc. was initially approved for PPP Loan of amount $46,700, the current approved amount is $46,700. The loan was approved on 04/14/2020 by The Citizens Bank, National Association reported 2 jobs and $46,700 was used to fund payroll.

Initial design group, inc. is Existing or more than 2 years old

INITIAL DESIGN GROUP, INC.

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INITIAL DESIGN GROUP, INC.

Borrower Address

20 Main Street

Borrower City

NATICK

Borrower State

MA

Borrower Zip

01760-4525

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46700.00

Current Approval Amount

46700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NATICK

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01760-4525

CD

MA-05

Jobs Reported

2

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

46700.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47188.75

Forgiveness Date

05/17/2021

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