PPP Loan information for Learning designs inc

$230,000

Learning designs inc was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/15/2020 by The First Merchants Bank reported 22 jobs and $230,000 was used to fund payroll.

Learning designs inc is Existing or more than 2 years old

LEARNING DESIGNS INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LEARNING DESIGNS INC

Borrower Address

6001 N Adams Suite 100

Borrower City

BLOOMFIELD HILLS

Borrower State

MI

Borrower Zip

48304

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48304-0899

CD

MI-11

Jobs Reported

22

NAICS Code

611430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

221410.41

Forgiveness Date

12/15/2020

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