PPP Loan information for Drake's holdings #1, llc

$1,243,900

Drake's holdings #1, llc was initially approved for PPP Loan of amount $1,244,000, the current approved amount is $1,243,900. The loan was approved on 04/04/2020 by The Traditional Bank, Inc. reported 258 jobs and $1,243,900 was used to fund payroll.

Drake's holdings #1, llc is Existing or more than 2 years old

PPP Loan Search / KY / LEXINGTON / Drake's holdings #1, llc

DRAKE'S HOLDINGS #1, LLC

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DRAKE'S HOLDINGS #1, LLC

Borrower Address

866 MALABU DR

Borrower City

LEXINGTON

Borrower State

KY

Borrower Zip

40502-3404

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1244000.00

Current Approval Amount

1243900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

FAYETTE

Project State

KY

Project Zip

40502-3404

CD

KY-06

Jobs Reported

258

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1243900.00

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

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1258315.61

Forgiveness Date

06/11/2021

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