PPP Loan information for Drain tech, inc.

$78,000

Drain tech, inc. was initially approved for PPP Loan of amount $78,000, the current approved amount is $78,000. The loan was approved on 04/15/2020 by The Zions Bank, A Division of reported 8 jobs and $78,000 was used to fund payroll.

Drain tech, inc. is Existing or more than 2 years old

DRAIN TECH, INC.

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

DRAIN TECH, INC.

Borrower Address

2342 South 550 West

Borrower City

SYRACUSE

Borrower State

UT

Borrower Zip

84075

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78000.00

Current Approval Amount

78000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SYRACUSE

Project County Name

DAVIS

Project State

UT

Project Zip

84075-1001

CD

UT-01

Jobs Reported

8

NAICS Code

561790

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78000.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78391.07

Forgiveness Date

10/22/2020

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