PPP Loan information for Drews industries, inc.

$491,417

Drews industries, inc. was initially approved for PPP Loan of amount $491,417, the current approved amount is $491,417. The loan was approved on 04/15/2020 by The Citizens State Bank of Waverly, Inc. reported 36 jobs and $491,417 was used to fund payroll.

Drews industries, inc. is Existing or more than 2 years old

DREWS INDUSTRIES, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DREWS INDUSTRIES, INC.

Borrower Address

10525 FENNER AVE SE

Borrower City

DELANO

Borrower State

MN

Borrower Zip

55328-8343

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491417.00

Current Approval Amount

491417.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39010

Servicing Lender Name

Citizens State Bank of Waverly, Inc.

Servicing Lender Address

609 Pacific Ave

Servicing Lender City

WAVERLY

Servicing Lender State

MN

Servicing Lender Zip

55390

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DELANO

Project County Name

WRIGHT

Project State

MN

Project Zip

55328-8343

CD

MN-06

Jobs Reported

36

NAICS Code

238990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

491417.00

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

39010

Originating Lender

Citizens State Bank of Waverly, Inc.

Originating Lender City

WAVERLY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

494147.09

Forgiveness Date

11/09/2020

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