PPP Loan information for Drake-state air, inc

$297,849

Drake-state air, inc was initially approved for PPP Loan of amount $297,849, the current approved amount is $297,849. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 28 jobs and $297,849 was used to fund payroll.

Drake-state air, inc is Existing or more than 2 years old

DRAKE-STATE AIR, INC

Date Approved

04/14/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

DRAKE-STATE AIR, INC

Borrower Address

1417 MAIN ST E

Borrower City

EATON

Borrower State

OH

Borrower Zip

45320

Loan Status Date

05/12/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297849.00

Current Approval Amount

297849.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EATON

Project County Name

PREBLE

Project State

OH

Project Zip

45320-0001

CD

OH-08

Jobs Reported

28

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297849.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251355.77

Forgiveness Date

11/30/2020

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