PPP Loan information for Draxxhall management corporation

$1,228,800

Draxxhall management corporation was initially approved for PPP Loan of amount $1,228,800, the current approved amount is $1,228,800. The loan was approved on 04/11/2020 by The First Commonwealth Bank reported 66 jobs and $1,228,800 was used to fund payroll.

Draxxhall management corporation is Existing or more than 2 years old

DRAXXHALL MANAGEMENT CORPORATION

Date Approved

04/11/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DRAXXHALL MANAGEMENT CORPORATION

Borrower Address

300 LIGHTING WAY

Borrower City

SECAUCUS

Borrower State

NJ

Borrower Zip

07094-3622

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1228800.00

Current Approval Amount

1228800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SECAUCUS

Project County Name

HUDSON

Project State

NJ

Project Zip

07094-3622

CD

NJ-09

Jobs Reported

66

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

995558.00

Mortgage Interest Proceed

0.00

Rent Proceed

53242.00

Refinance EIDL Proceed

0.00

Health Care Proceed

165000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1238091.75

Forgiveness Date

01/20/2021

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