PPP Loan information for Md designs inc.

$275,000

Md designs inc. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/06/2020 by The Hickory Point Bank and Trust reported 30 jobs and $275,000 was used to fund payroll.

Md designs inc. is Existing or more than 2 years old

MD DESIGNS INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MD DESIGNS INC.

Borrower Address

2601 Colt Road

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62707-9782

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21387

Servicing Lender Name

Hickory Point Bank and Trust

Servicing Lender Address

225 N Water St

Servicing Lender City

DECATUR

Servicing Lender State

IL

Servicing Lender Zip

62523-2322

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62707-9782

CD

IL-15

Jobs Reported

30

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275000.00

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

21387

Originating Lender

Hickory Point Bank and Trust

Originating Lender City

DECATUR

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

276535.42

Forgiveness Date

11/03/2020

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