PPP Loan information for Drake logging inc.

$56,662

Drake logging inc. was initially approved for PPP Loan of amount $56,662, the current approved amount is $56,662. The loan was approved on 04/10/2020 by The Southern Heritage Bank reported 8 jobs and $56,662 was used to fund payroll.

Drake logging inc. is New Business or 2 years or less

PPP Loan Search / LA / JENA / Drake logging inc.

DRAKE LOGGING INC.

Date Approved

04/10/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

DRAKE LOGGING INC.

Borrower Address

21325 HWY 8

Borrower City

JENA

Borrower State

LA

Borrower Zip

71342-3853

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56662.00

Current Approval Amount

56662.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28326

Servicing Lender Name

Southern Heritage Bank

Servicing Lender Address

1201 4th St

Servicing Lender City

JONESVILLE

Servicing Lender State

LA

Servicing Lender Zip

71343-2121

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JENA

Project County Name

LA SALLE

Project State

LA

Project Zip

71342-3853

CD

LA-05

Jobs Reported

8

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56662.00

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

28326

Originating Lender

Southern Heritage Bank

Originating Lender City

JONESVILLE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

46967.90

Forgiveness Date

12/09/2020

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