PPP Loan information for Drawing technology inc.

$196,407

Drawing technology inc. was initially approved for PPP Loan of amount $196,407, the current approved amount is $196,407. The loan was approved on 02/13/2021 by The JPMorgan Chase Bank, National Association reported 26 jobs and $196,407 was used to fund payroll.

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

DRAWING TECHNOLOGY INC.

Date Approved

02/13/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

DRAWING TECHNOLOGY INC.

Borrower Address

1550 Elmwood Rd

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61103-1217

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

196407.00

Current Approval Amount

196407.00

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

61103-1217

CD

IL-16

Jobs Reported

26

NAICS Code

333519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

196407.00

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

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

198016.34

Forgiveness Date

12/16/2021

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