PPP Loan information for Drb transport

$514,000

Drb transport was initially approved for PPP Loan of amount $514,000, the current approved amount is $514,000. The loan was approved on 04/06/2020 by The Isabella Bank reported 73 jobs and $514,000 was used to fund payroll.

Drb transport is Existing or more than 2 years old

PPP Loan Search / MI / ALMA / Drb transport

DRB TRANSPORT

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DRB TRANSPORT

Borrower Address

9637 N. Alger road

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-9776

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514000.00

Current Approval Amount

514000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-9776

CD

MI-02

Jobs Reported

73

NAICS Code

484110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

465000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

519520.22

Forgiveness Date

05/10/2021

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