PPP Loan information for Drawing technology, inc.

$188,560

Drawing technology, inc. was initially approved for PPP Loan of amount $188,560, the current approved amount is $188,560. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 19 jobs and $188,560 was used to fund payroll.

Drawing technology, inc. is Existing or more than 2 years old

DRAWING TECHNOLOGY, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DRAWING TECHNOLOGY, INC.

Borrower Address

1550 Elmwood Road

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61103

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188560.00

Current Approval Amount

188560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61103-1100

CD

IL-16

Jobs Reported

19

NAICS Code

333519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3900.00

Payroll Proceed

155442.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14218.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

190053.71

Forgiveness Date

02/17/2021

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