# PPP loan: IDESIGN ENGINEERING INC.
> **$232K** approved 02/19/2021 · Paid in Full · Loan `1637248506`
## Borrower
- **Name:** IDESIGN ENGINEERING INC.
- **Address:** 4041 Powder Mill Rd Ste 204, Beltsville, MD, 20705-3106
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Jobs reported:** 12
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*