PPP Loan information for Drnc, inc.

$48,300

Drnc, inc. was initially approved for PPP Loan of amount $48,300, the current approved amount is $48,300. The loan was approved on 05/01/2020 by The Peoples Bank reported 9 jobs and $48,300 was used to fund payroll.

Drnc, inc. is Existing or more than 2 years old

PPP Loan Search / NC / NEWTON / Drnc, inc.

DRNC, INC.

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DRNC, INC.

Borrower Address

2427 CLAREMONT RD

Borrower City

NEWTON

Borrower State

NC

Borrower Zip

28658

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48300.00

Current Approval Amount

48300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

CATAWBA

Project State

NC

Project Zip

28658-0001

CD

NC-10

Jobs Reported

9

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48300.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48879.60

Forgiveness Date

07/20/2021

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