PPP Loan information for Drake automotive inc

$26,447

Drake automotive inc was initially approved for PPP Loan of amount $26,447, the current approved amount is $26,447. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 2 jobs and $26,447 was used to fund payroll.

Drake automotive inc is Existing or more than 2 years old

DRAKE AUTOMOTIVE INC

Date Approved

04/30/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

DRAKE AUTOMOTIVE INC

Borrower Address

12518 MISSOURI BOTTOM RD

Borrower City

HAZELWOOD

Borrower State

MO

Borrower Zip

63042-1515

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26447.00

Current Approval Amount

26447.00

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

Existing or more than 2 years old

Project City

HAZELWOOD

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63042-1515

CD

MO-01

Jobs Reported

2

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26447.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

26633.22

Forgiveness Date

01/14/2021

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