PPP Loan information for Drake electric inc.

$76,707

Drake electric inc. was initially approved for PPP Loan of amount $76,707, the current approved amount is $76,707. The loan was approved on 04/07/2020 by The Centra CU reported 8 jobs and $76,707 was used to fund payroll.

Drake electric inc. is Existing or more than 2 years old

PPP Loan Search / IN / SHELBYVILLE / Drake electric inc.

DRAKE ELECTRIC INC.

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DRAKE ELECTRIC INC.

Borrower Address

1310JEFFERSON AVE

Borrower City

SHELBYVILLE

Borrower State

IN

Borrower Zip

46176-2988

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76707.00

Current Approval Amount

76707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96362

Servicing Lender Name

Centra CU

Servicing Lender Address

3801 Tupelo Dr

Servicing Lender City

COLUMBUS

Servicing Lender State

IN

Servicing Lender Zip

47201-7293

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBYVILLE

Project County Name

SHELBY

Project State

IN

Project Zip

46176-2988

CD

IN-06

Jobs Reported

8

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76707.00

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

96362

Originating Lender

Centra CU

Originating Lender City

COLUMBUS

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

77380.32

Forgiveness Date

02/25/2021

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