Design 1 INC
$1,539,142 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 8100207010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,539,142
- Current Approval
- $1,539,142
- Forgiveness Amount
- $1,558,582
- Forgiveness Date
- Jul 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Design 1 INC
- Address
- 4485 Plainfield Ave NE Suite 108
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49525-1605
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Other Services (except Public Administration) (812112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 226
- Estimated Revenue
- $43.2M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $1,278,811
- Rent
- $210,512
- Utilities
- $21,201
- Health Care
- $28,618
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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