PPP Loan information for Drees electric, inc

$159,382

Drees electric, inc was initially approved for PPP Loan of amount $159,382, the current approved amount is $159,382. The loan was approved on 04/09/2020 by The Farmers & Merchants Bank & Trust reported 16 jobs and $159,382 was used to fund payroll.

Drees electric, inc is Existing or more than 2 years old

PPP Loan Search / WI / Marinette / Drees electric, inc

DREES ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DREES ELECTRIC, INC

Borrower Address

1625 Marinette Ave

Borrower City

Marinette

Borrower State

WI

Borrower Zip

54143

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159382.00

Current Approval Amount

159382.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76187

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

1644 Ludington St

Servicing Lender City

MARINETTE

Servicing Lender State

WI

Servicing Lender Zip

54143-1813

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marinette

Project County Name

MARINETTE

Project State

WI

Project Zip

54143-0001

CD

WI-08

Jobs Reported

16

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159382.00

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

76187

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

MARINETTE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160276.31

Forgiveness Date

11/03/2020

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