Current business record

DESIGN ELECTRIC INC

We found 2 public loan records at or above $150,000 in the current SBA release.

This is a historical government-data listing. It does not establish wrongdoing, eligibility, forgiveness, or the final amount disbursed.

Loan 1

$2–5 million
Filed business name
DESIGN ELECTRIC INC
Approval date
Apr 7, 2020
Initial approval amount
$2,474,800.00
Current approval amount
$2,474,800.00
Loan status
Paid in Full (Jul 9, 2021)
Forgiveness amount
$2,503,683.97
Jobs reported
104
Address
4807 Heatherwood Raod
SAINT CLOUD, MN 56301
Lender
Bremer Bank, National Association
NAICS code
238210
Business type
Corporation
Congressional district
MN-06

Loan 2

$2–5 million
Filed business name
DESIGN ELECTRIC INC
Approval date
Apr 7, 2020
Initial approval amount
$2,476,000.00
Current approval amount
$2,476,000.00
Loan status
Paid in Full (Jan 13, 2022)
Forgiveness amount
$2,518,779.78
Jobs reported
228
Address
1307 Carlton Avenue
CHARLOTTESVILLE, VA 22902-5887
Lender
Virginia National Bank
NAICS code
238210
Business type
Employee Stock Ownership Plan(ESOP)
Congressional district
VA-05