42 DESIGN FAB STUDIO INC (MA) - 2020 PPP Loan Borrower Profile (# 2433238310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 42 DESIGN FAB STUDIO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

2433238310

SBA Office Code

0130

Processing Method

PPS

Curent Loan Amount

$51,527.5

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$52,347.7

Date Loan was Forgiven

Aug 29, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

51,524.5

Lender

New Valley Bank & Trust

Business Detail

Business Type

Corporation

NAICS

541420

Borrower Location

Indian Orchard, MA

Project Location

Indian Orchard, MA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.