PPP Loan information for Drc ventures inc

$161,773

Drc ventures inc was initially approved for PPP Loan of amount $161,773, the current approved amount is $161,773. The loan was approved on 01/21/2021 by The Quad City Bank and Trust Company reported 18 jobs and $161,773 was used to fund payroll.

Drc ventures inc is Existing or more than 2 years old

PPP Loan Search / IA / Davenport / Drc ventures inc

DRC VENTURES INC

Date Approved

01/21/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

DRC VENTURES INC

Borrower Address

4830 N Brady St

Borrower City

Davenport

Borrower State

IA

Borrower Zip

52806-3956

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

161773.00

Current Approval Amount

161773.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118885

Servicing Lender Name

Quad City Bank and Trust Company

Servicing Lender Address

2118 Middle Rd

Servicing Lender City

BETTENDORF

Servicing Lender State

IA

Servicing Lender Zip

52722-3209

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Davenport

Project County Name

SCOTT

Project State

IA

Project Zip

52806-3956

CD

IA-01

Jobs Reported

18

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

161767.00

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

118885

Originating Lender

Quad City Bank and Trust Company

Originating Lender City

BETTENDORF

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163278.39

Forgiveness Date

01/03/2022

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