PPP Loan information for Drag ventures inc

$31,308

Drag ventures inc was initially approved for PPP Loan of amount $31,308, the current approved amount is $31,308. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $31,308 was used to fund payroll.

Drag ventures inc is New Business or 2 years or less

DRAG VENTURES INC

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

DRAG VENTURES INC

Borrower Address

2354 BOXWOOD DR

Borrower City

ALLEN

Borrower State

TX

Borrower Zip

75013-5837

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31308.00

Current Approval Amount

31308.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ALLEN

Project County Name

COLLIN

Project State

TX

Project Zip

75013-5837

CD

TX-03

Jobs Reported

5

NAICS Code

722330

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31308.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31536.16

Forgiveness Date

01/26/2021

;