# PPP loan: DESIGN RESOURCE AND SERVICES INC
> **$259K** approved 02/03/2021 · Paid in Full · Loan `1978938401`
## Borrower
- **Name:** DESIGN RESOURCE AND SERVICES INC
- **Address:** 478 Timber Ridge Rd, Middletown, CT, 06457-7540
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 03/01/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*