# PPP loan: DESIGN CATAPULT INC.
> **$385K** approved 03/13/2021 · Paid in Full · Loan `1226558609`
## Borrower
- **Name:** DESIGN CATAPULT INC.
- **Address:** 17361 Newhope St, Fountain Valley, CA, 92708-4343
- **NAICS:** 541420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $385K
- **Jobs reported:** 30
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*