New Design Inc.
$271,300 PPP Loan in Flint, Michigan
Loan Details
- Loan Number
- 1011477104
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $271,300
- Current Approval
- $271,300
- Forgiveness Amount
- $273,297
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- New Design Inc.
- Address
- 5693 S. Saginaw Rd
- City
- Flint
- State
- Michigan
- ZIP Code
- 48507-4459
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561790)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-08
Loan Use Breakdown
- Payroll
- $218,600
- Rent
- $40,000
- Utilities
- $12,700
Lender Information
- Servicing Lender
- Elga Cu
- Originating Lender
- Elga Cu
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|---|---|---|
| Quality Temporary Services Inc. | $10,000,000 |  Research |
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| Lutheran Homes of Michigan INC | $4,421,900 | Research |
| Shively Brothers INC | $3,250,000 | Research |
| Wm E Walter INC | $3,191,700 | Research |
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