PPP Loan information for Drive co inc

$1,020,792

Drive co inc was initially approved for PPP Loan of amount $1,020,792, the current approved amount is $1,020,792. The loan was approved on 04/30/2020 by The Santander Bank, National Association reported 49 jobs and $1,020,792 was used to fund payroll.

Drive co inc is Existing or more than 2 years old

PPP Loan Search / NJ / BLOOMFIELD / Drive co inc

DRIVE CO INC

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DRIVE CO INC

Borrower Address

16 ORANGE ST

Borrower City

BLOOMFIELD

Borrower State

NJ

Borrower Zip

07003

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1020792.00

Current Approval Amount

1020792.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD

Project County Name

ESSEX

Project State

NJ

Project Zip

07003-0001

CD

NJ-11

Jobs Reported

49

NAICS Code

111110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1020792.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1034887.32

Forgiveness Date

09/22/2021

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