PPP Loan information for Drake family farms, incorporated

$27,500

Drake family farms, incorporated was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 6 jobs and $27,500 was used to fund payroll.

Drake family farms, incorporated is Existing or more than 2 years old

DRAKE FAMILY FARMS, INCORPORATED

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DRAKE FAMILY FARMS, INCORPORATED

Borrower Address

5572 COUNTY ROAD 1075

Borrower City

FARMERSBURG

Borrower State

IN

Borrower Zip

47850

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMERSBURG

Project County Name

SULLIVAN

Project State

IN

Project Zip

47850-0001

CD

IN-08

Jobs Reported

6

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27500.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27745.97

Forgiveness Date

04/08/2021

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