PPP Loan information for Drakos holding corporation

$585,223

Drakos holding corporation was initially approved for PPP Loan of amount $585,223, the current approved amount is $585,223. The loan was approved on 01/23/2021 by The ServisFirst Bank reported 85 jobs and $585,223 was used to fund payroll.

Drakos holding corporation is Existing or more than 2 years old

DRAKOS HOLDING CORPORATION

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

DRAKOS HOLDING CORPORATION

Borrower Address

5409 Highway 280

Borrower City

Hoover

Borrower State

AL

Borrower Zip

35242-6510

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

585223.00

Current Approval Amount

585223.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoover

Project County Name

SHELBY

Project State

AL

Project Zip

35242-6510

CD

AL-06

Jobs Reported

85

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

585221.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

592180.65

Forgiveness Date

04/06/2022

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