PPP Loan information for Drake's holdings #2 llc

$2,000,000

Drake's holdings #2 llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/04/2021 by The Traditional Bank, Inc. reported 224 jobs and $2,000,000 was used to fund payroll.

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

PPP Loan Search / KY / Lexington / Drake's holdings #2 llc

DRAKE'S HOLDINGS #2 LLC

Date Approved

02/04/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

DRAKE'S HOLDINGS #2 LLC

Borrower Address

866 Malabu Dr

Borrower City

Lexington

Borrower State

KY

Borrower Zip

40502-3404

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

224

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

2015452.05

Forgiveness Date

11/18/2021

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