PPP Loan information for Drapes manufacturing co

$20,259

Drapes manufacturing co was initially approved for PPP Loan of amount $20,259, the current approved amount is $20,259. The loan was approved on 04/24/2021 by The Village Bank reported 3 jobs and $20,259 was used to fund payroll.

Drapes manufacturing co is Existing or more than 2 years old

DRAPES MANUFACTURING CO

Date Approved

04/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DRAPES MANUFACTURING CO

Borrower Address

6120 Olson Memorial Hwy

Borrower City

Golden Valley

Borrower State

MN

Borrower Zip

55422-4919

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20259.38

Current Approval Amount

20259.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Golden Valley

Project County Name

HENNEPIN

Project State

MN

Project Zip

55422-4919

CD

MN-05

Jobs Reported

3

NAICS Code

314120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20257.38

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

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

20453.65

Forgiveness Date

04/14/2022

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