PPP Loan information for Drainage solutions, inc.

$226,065

Drainage solutions, inc. was initially approved for PPP Loan of amount $226,065, the current approved amount is $226,065. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 26 jobs and $226,065 was used to fund payroll.

Drainage solutions, inc. is Existing or more than 2 years old

PPP Loan Search / IN / FRANKLIN / Drainage solutions, inc.

DRAINAGE SOLUTIONS, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DRAINAGE SOLUTIONS, INC.

Borrower Address

771 INTERNATIONAL DR

Borrower City

FRANKLIN

Borrower State

IN

Borrower Zip

46131-9637

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226065.00

Current Approval Amount

226065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRANKLIN

Project County Name

JOHNSON

Project State

IN

Project Zip

46131-9637

CD

IN-06

Jobs Reported

26

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

226065.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229349.22

Forgiveness Date

10/06/2021

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