Design Tool, Inc.

$196,600 PPP Loan in Conover, North Carolina

Loan Details

Loan Number
5729327309
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$196,600
Current Approval
$196,600
Forgiveness Amount
$199,074
Forgiveness Date
Aug 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Design Tool, Inc.
Address
1607 Norfolk Pl SW
ZIP Code
28613
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$196,600

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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