PPP Loan information for Drake hardware & software

$57,600

Drake hardware & software was initially approved for PPP Loan of amount $57,600, the current approved amount is $57,600. The loan was approved on 01/31/2021 by The MidWestOne Bank reported 10 jobs and $57,600 was used to fund payroll.

Drake hardware & software is Existing or more than 2 years old

DRAKE HARDWARE & SOFTWARE

Date Approved

01/31/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

DRAKE HARDWARE & SOFTWARE

Borrower Address

211 N 5th St Ste 100

Borrower City

Burlington

Borrower State

IA

Borrower Zip

52601-5316

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57600.00

Current Approval Amount

57600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-5316

CD

IA-01

Jobs Reported

10

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

57598.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57884.80

Forgiveness Date

08/03/2021

;