# PPP loan: DIRECT MARKET DESIGNS INC
> **$215K** approved 04/24/2021 · Paid in Full · Loan `1431748900`
## Borrower
- **Name:** DIRECT MARKET DESIGNS INC
- **Address:** 45 E 5th St, Paterson, NJ, 07524-1101
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $215K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*