516 DESIGN LLC (GA) - 2020 PPP Loan Borrower Profile (# 7974989009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 516 DESIGN LLC. 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 Georgia.

Loan Detail

Loan Number

7974989009

SBA Office Code

0405

Processing Method

PPS

Curent Loan Amount

$42,526

Date Loan was Approved

May 26, 2021

Amount Forgiven

$42,760.18

Date Loan was Forgiven

Jan 11, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

42,522

Lender

Leader Bank, National Association

Business Detail

Business Type

Single Member LLC

NAICS

238210

Borrower Location

Temple, GA

Project Location

Temple, GA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.