PPP Loan information for Drive systems technology inc.

$136,400

Drive systems technology inc. was initially approved for PPP Loan of amount $136,400, the current approved amount is $136,400. The loan was approved on 04/07/2020 by The Community State Bank reported 6 jobs and $136,400 was used to fund payroll.

Drive systems technology inc. is Existing or more than 2 years old

PPP Loan Search / WI / SALEM / Drive systems technology inc.

DRIVE SYSTEMS TECHNOLOGY INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DRIVE SYSTEMS TECHNOLOGY INC.

Borrower Address

9158 ANTIOCH RD

Borrower City

SALEM

Borrower State

WI

Borrower Zip

53168-9344

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136400.00

Current Approval Amount

136400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76852

Servicing Lender Name

Community State Bank

Servicing Lender Address

1500 Main St

Servicing Lender City

UNION GROVE

Servicing Lender State

WI

Servicing Lender Zip

53182-1720

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

KENOSHA

Project State

WI

Project Zip

53168-9344

CD

WI-01

Jobs Reported

6

NAICS Code

443142

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1293.00

Payroll Proceed

127407.00

Mortgage Interest Proceed

0.00

Rent Proceed

7700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

76852

Originating Lender

Community State Bank

Originating Lender City

UNION GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

137782.68

Forgiveness Date

04/20/2021

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