# PPP loan: DESIGNPLAN LIGHTING INC.
> **$275K** approved 01/31/2021 · Paid in Full · Loan `9681968307`
## Borrower
- **Name:** DESIGNPLAN LIGHTING INC.
- **Address:** 79 Trenton Ave, Frenchtown, NJ, 08825-1247
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 05/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 20
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*