PPP Loan information for Drake simpson, llc

$105,400

Drake simpson, llc was initially approved for PPP Loan of amount $105,400, the current approved amount is $105,400. The loan was approved on 04/10/2020 by The Live Oak Banking Company reported 5 jobs and $105,400 was used to fund payroll.

Drake simpson, llc is New Business or 2 years or less

DRAKE SIMPSON, LLC

Date Approved

04/10/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DRAKE SIMPSON, LLC

Borrower Address

2414 Northwest 128th Street

Borrower City

Urbandale

Borrower State

IA

Borrower Zip

50323

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105400.00

Current Approval Amount

105400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Urbandale

Project County Name

POLK

Project State

IA

Project Zip

50323-0001

CD

IA-03

Jobs Reported

5

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

106583.95

Forgiveness Date

06/03/2021

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