PPP Loan information for Draftco inc

$522,400

Draftco inc was initially approved for PPP Loan of amount $522,400, the current approved amount is $522,400. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 37 jobs and $522,400 was used to fund payroll.

Draftco inc is Existing or more than 2 years old

PPP Loan Search / VA / STUARTS DRAFT / Draftco inc

DRAFTCO INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DRAFTCO INC

Borrower Address

80 JOHNSON DR

Borrower City

STUARTS DRAFT

Borrower State

VA

Borrower Zip

24477-3199

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

522400.00

Current Approval Amount

522400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STUARTS DRAFT

Project County Name

AUGUSTA

Project State

VA

Project Zip

24477-3199

CD

VA-06

Jobs Reported

37

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

522400.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528567.22

Forgiveness Date

06/16/2021

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