PPP Loan information for Drake farms trucking, inc.

$616,530

Drake farms trucking, inc. was initially approved for PPP Loan of amount $616,530, the current approved amount is $616,530. The loan was approved on 04/14/2020 by The Loan Source Incorporated reported 44 jobs and $616,530 was used to fund payroll.

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

PPP Loan Search / TX / DENTON / Drake farms trucking, inc.

DRAKE FARMS TRUCKING, INC.

Date Approved

04/14/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

DRAKE FARMS TRUCKING, INC.

Borrower Address

625 DALLAS DR #250

Borrower City

DENTON

Borrower State

TX

Borrower Zip

76205-1200

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

616530.00

Current Approval Amount

616530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENTON

Project County Name

DENTON

Project State

TX

Project Zip

76205-1200

CD

TX-13

Jobs Reported

44

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

473895.00

Mortgage Interest Proceed

0.00

Rent Proceed

32400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

110235.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

622762.86

Forgiveness Date

04/28/2021

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