PPP Loan information for Drive systems usa inc

$23,266

Drive systems usa inc was initially approved for PPP Loan of amount $23,266, the current approved amount is $23,266. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 3 jobs and $23,266 was used to fund payroll.

Drive systems usa inc is Existing or more than 2 years old

DRIVE SYSTEMS USA INC

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

DRIVE SYSTEMS USA INC

Borrower Address

5985 ENGINEER DR

Borrower City

HUNTINGTON BEACH

Borrower State

CA

Borrower Zip

92649

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

23266.00

Current Approval Amount

23266.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTINGTON BEACH

Project County Name

ORANGE

Project State

CA

Project Zip

92649-1000

CD

CA-47

Jobs Reported

3

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23266.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23527.98

Forgiveness Date

06/22/2021

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