PPP Loan information for Drake extrusion, inc.

$2,052,400

Drake extrusion, inc. was initially approved for PPP Loan of amount $2,052,400, the current approved amount is $2,052,400. The loan was approved on 04/14/2020 by The Truist Bank reported 195 jobs and $2,052,400 was used to fund payroll.

Drake extrusion, inc. is Existing or more than 2 years old

PPP Loan Search / VA / RIDGEWAY / Drake extrusion, inc.

DRAKE EXTRUSION, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DRAKE EXTRUSION, INC.

Borrower Address

790 INDUSTRIAL PARK RD

Borrower City

RIDGEWAY

Borrower State

VA

Borrower Zip

24148-4449

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2052400.00

Current Approval Amount

2052400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIDGEWAY

Project County Name

HENRY

Project State

VA

Project Zip

24148-4449

CD

VA-09

Jobs Reported

195

NAICS Code

325220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2052400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2075489.50

Forgiveness Date

06/02/2021

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