# PPP loan: DESIGNERS SERVICES INC.
> **$271K** approved 04/09/2020 · Paid in Full · Loan `1101627105`
## Borrower
- **Name:** DESIGNERS SERVICES INC.
- **Address:** 8 Arrow Drive, WOBURN, MA, 01801-2040
- **NAICS:** 493110
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 14
## Lender
- **Originating:** Customers Bank
- **Servicing:** Customers Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*