PPP Loan information for Drake concrete, incorporated

$259,500

Drake concrete, incorporated was initially approved for PPP Loan of amount $259,500, the current approved amount is $259,500. The loan was approved on 04/28/2020 by The Heartland Bank and Trust Company reported 21 jobs and $259,500 was used to fund payroll.

Drake concrete, incorporated is Existing or more than 2 years old

PPP Loan Search / IL / LIBERTYVILLE / Drake concrete, incorporated

DRAKE CONCRETE, INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DRAKE CONCRETE, INCORPORATED

Borrower Address

1981 LOCKWOOD DR

Borrower City

LIBERTYVILLE

Borrower State

IL

Borrower Zip

60048-1536

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259500.00

Current Approval Amount

259500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20402

Servicing Lender Name

Heartland Bank and Trust Company

Servicing Lender Address

401 N Hershey Rd

Servicing Lender City

BLOOMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61704-3742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIBERTYVILLE

Project County Name

LAKE

Project State

IL

Project Zip

60048-1536

CD

IL-10

Jobs Reported

21

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259500.00

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

20402

Originating Lender

Heartland Bank and Trust Company

Originating Lender City

BLOOMINGTON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261972.46

Forgiveness Date

04/15/2021

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