PPP Loan information for Drake builders inc

$37,841

Drake builders inc was initially approved for PPP Loan of amount $37,841, the current approved amount is $37,841. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 2 jobs and $37,841 was used to fund payroll.

Drake builders inc is Existing or more than 2 years old

PPP Loan Search / MN / ZIMMERMAN / Drake builders inc

DRAKE BUILDERS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRAKE BUILDERS INC

Borrower Address

25657 110TH ST NW

Borrower City

ZIMMERMAN

Borrower State

MN

Borrower Zip

55398

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37841.00

Current Approval Amount

37841.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZIMMERMAN

Project County Name

SHERBURNE

Project State

MN

Project Zip

55398-0001

CD

MN-06

Jobs Reported

2

NAICS Code

238130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37841.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38118.50

Forgiveness Date

01/07/2021

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