Design Phase, Inc.

$529,700 PPP Loan in Waukegan, Illinois

Loan Details

Loan Number
6290237107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$529,700
Current Approval
$529,700
Forgiveness Amount
$532,569
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Design Phase, Inc.
Address
1771 S. Lakeside Drive
ZIP Code
60085
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561499)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.7M
Rural/Urban
Urban
Congressional District
IL-10

Loan Use Breakdown

Payroll
$397,275
Rent
$66,213
Utilities
$66,213

Lender Information

Servicing Lender
Lake Forest Bank & Trust Company, National Association
Originating Lender
Lake Forest Bank & Trust Company, National Association

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