PPP Loan information for Drive time, inc

$54,623

Drive time, inc was initially approved for PPP Loan of amount $54,623, the current approved amount is $54,623. The loan was approved on 04/05/2020 by The Summit Community Bank, Inc. reported 16 jobs and $54,623 was used to fund payroll.

Drive time, inc is Existing or more than 2 years old

PPP Loan Search / MD / SALISBURY / Drive time, inc

DRIVE TIME, INC

Date Approved

04/05/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DRIVE TIME, INC

Borrower Address

1113 Healthway Drive

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-4470

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54622.52

Current Approval Amount

54622.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-4470

CD

MD-01

Jobs Reported

16

NAICS Code

611692

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54622.52

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44869.18

Forgiveness Date

10/27/2020

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