# PPP loan: IDESIGN ENGINEERING, INC.
> **$232K** approved 04/12/2020 · Paid in Full · Loan `3735337102`
## Borrower
- **Name:** IDESIGN ENGINEERING, INC.
- **Address:** 4041 Powder Mill Road,Suite 204, Calverton, MD, 20705-3105
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $179K (77%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 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*