PPP Loan information for Drc ventures, inc

$115,800

Drc ventures, inc was initially approved for PPP Loan of amount $115,800, the current approved amount is $115,800. The loan was approved on 04/06/2020 by The Quad City Bank and Trust Company reported 25 jobs and $115,800 was used to fund payroll.

Drc ventures, inc is Existing or more than 2 years old

DRC VENTURES, INC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DRC VENTURES, INC

Borrower Address

4830 N Brady Street

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52806-3956

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115800.00

Current Approval Amount

115800.00

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

25

NAICS Code

561499

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115800.00

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

117202.47

Forgiveness Date

07/06/2021

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