PPP Loan information for Drac p.t. inc

$270,412

Drac p.t. inc was initially approved for PPP Loan of amount $270,412, the current approved amount is $270,412. The loan was approved on 01/27/2021 by The Eastern Bank reported 22 jobs and $270,412 was used to fund payroll.

Drac p.t. inc is Existing or more than 2 years old

DRAC P.T. INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DRAC P.T. INC

Borrower Address

200 Providence Hwy

Borrower City

Dedham

Borrower State

MA

Borrower Zip

02026-1881

Loan Status Date

11/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

270412.00

Current Approval Amount

270412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dedham

Project County Name

NORFOLK

Project State

MA

Project Zip

02026-1881

CD

MA-08

Jobs Reported

22

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270409.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

272297.37

Forgiveness Date

10/08/2021

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