PPP Loan information for Draes inc.

$28,945

Draes inc. was initially approved for PPP Loan of amount $28,945, the current approved amount is $28,945. The loan was approved on 03/31/2021 by The Glacier Bank reported 5 jobs and $28,945 was used to fund payroll.

Draes inc. is Existing or more than 2 years old

DRAES INC.

Date Approved

03/31/2021

SBA Office Code

0885

Processing Method

PPS

Borrower Name

DRAES INC.

Borrower Address

119 S LANE AVE

Borrower City

EAST HELENA

Borrower State

MT

Borrower Zip

59635

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28945.25

Current Approval Amount

28945.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST HELENA

Project County Name

LEWIS AND CLARK

Project State

MT

Project Zip

59635

CD

MT-

Jobs Reported

5

NAICS Code

713210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

28941.25

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

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

29055.48

Forgiveness Date

08/20/2021

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