PPP Loan information for Drakes auto parts inc.

$19,800

Drakes auto parts inc. was initially approved for PPP Loan of amount $19,800, the current approved amount is $19,800. The loan was approved on 04/06/2020 by The Lee Bank reported 3 jobs and $19,800 was used to fund payroll.

Drakes auto parts inc. is Existing or more than 2 years old

DRAKES AUTO PARTS INC.

Date Approved

04/06/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

DRAKES AUTO PARTS INC.

Borrower Address

987 MEADOW STREET PO BOX 412

Borrower City

LEE

Borrower State

MA

Borrower Zip

01238-0412

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19800.00

Current Approval Amount

19800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32955

Servicing Lender Name

Lee Bank

Servicing Lender Address

75 Park St

Servicing Lender City

LEE

Servicing Lender State

MA

Servicing Lender Zip

01238-1701

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEE

Project County Name

BERKSHIRE

Project State

MA

Project Zip

01238-0412

CD

MA-01

Jobs Reported

3

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19800.00

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

32955

Originating Lender

Lee Bank

Originating Lender City

LEE

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19931.28

Forgiveness Date

12/09/2020

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