# PPP loan: SAXTON, INC. DESIGN GROUP
> **$420K** approved 04/05/2020 · Paid in Full · Loan `5146527003`
## Borrower
- **Name:** SAXTON, INC. DESIGN GROUP
- **Address:** 600 3RD ST SE STE 300, CEDAR RAPIDS, IA, 52401-1600
- **NAICS:** 423210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $420K
- **Initial approval:** $420K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Jobs reported:** 30
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*