PPP Loan information for Drake engineering llc

$85,502

Drake engineering llc was initially approved for PPP Loan of amount $85,502, the current approved amount is $85,502. The loan was approved on 02/27/2021 by The First Horizon Bank reported 6 jobs and $85,502 was used to fund payroll.

Drake engineering llc is Existing or more than 2 years old

DRAKE ENGINEERING LLC

Date Approved

02/27/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

DRAKE ENGINEERING LLC

Borrower Address

2783 Lapalco Blvd

Borrower City

Harvey

Borrower State

LA

Borrower Zip

70058-3145

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85502.00

Current Approval Amount

85502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harvey

Project County Name

JEFFERSON

Project State

LA

Project Zip

70058-3145

CD

LA-02

Jobs Reported

6

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

85498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86069.64

Forgiveness Date

11/02/2021

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