PPP Loan information for Drake construction and development

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

DRAKE CONSTRUCTION AND DEVELOPMENT

Borrower Address

13949 VENTURA BLVD STE 312

Borrower City

SHERMAN OAKS

Borrower State

CA

Borrower Zip

91423

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168995.00

Current Approval Amount

168995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERMAN OAKS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91423-1000

CD

CA-32

Jobs Reported

130

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

168995.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170669.55

Forgiveness Date

05/03/2021