PPP Loan information for Drach sales inc

$20,800

Drach sales inc was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 04/28/2020 by The BankCherokee reported 1 jobs and $20,800 was used to fund payroll.

Drach sales inc is Existing or more than 2 years old

PPP Loan Search / MN / CIRCLE PINES / Drach sales inc

DRACH SALES INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRACH SALES INC

Borrower Address

647 FOX RD

Borrower City

CIRCLE PINES

Borrower State

MN

Borrower Zip

55014-1966

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38841

Servicing Lender Name

BankCherokee

Servicing Lender Address

607 S Smith Ave

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-2617

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CIRCLE PINES

Project County Name

ANOKA

Project State

MN

Project Zip

55014-1966

CD

MN-06

Jobs Reported

1

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Corporation

Originating Lender Location Id

38841

Originating Lender

BankCherokee

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20943.87

Forgiveness Date

01/11/2021

;