PPP borrower record
DESIGN ELECTRIC INC PPP loan record
Public SBA PPP loan record for DESIGN ELECTRIC INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$2,476,000
Approved amount
N/A
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
DESIGN ELECTRIC INC
Loan number
7238967002
Business type
Employee Stock Ownership Plan(ESOP)
Business age
Existing or more than 2 years old
Borrower city
Charlottesville
Borrower state
Virginia
Borrower ZIP
22902
Jobs reported
228
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Virginia National Bank
Originating lender
Virginia National Bank
Reported use of proceeds
Payroll
$2,476,000
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.