PPP Loan information for Drake construction company

$710,700

Drake construction company was initially approved for PPP Loan of amount $710,700, the current approved amount is $710,700. The loan was approved on 04/05/2020 by The Dollar Bank, A Federal Savings Bank reported 50 jobs and $710,700 was used to fund payroll.

Drake construction company is Existing or more than 2 years old

PPP Loan Search / OH / CLEVELAND / Drake construction company

DRAKE CONSTRUCTION COMPANY

Date Approved

04/05/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

DRAKE CONSTRUCTION COMPANY

Borrower Address

1545 E. 18th Street

Borrower City

CLEVELAND

Borrower State

OH

Borrower Zip

44114-2923

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

710700.00

Current Approval Amount

710700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88967

Servicing Lender Name

Dollar Bank, A Federal Savings Bank

Servicing Lender Address

20 Stanwix Street, 18th Floor

Servicing Lender City

PITTSBURGH

Servicing Lender State

PA

Servicing Lender Zip

15222

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLEVELAND

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44114-2923

CD

OH-11

Jobs Reported

50

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

710700.00

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

88967

Originating Lender

Dollar Bank, A Federal Savings Bank

Originating Lender City

PITTSBURGH

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

715280.07

Forgiveness Date

12/08/2020

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