PPP Loan information for Drope, inc.

$22,500

Drope, inc. was initially approved for PPP Loan of amount $22,500, the current approved amount is $22,500. The loan was approved on 04/28/2020 by The Southern Bank reported 7 jobs and $22,500 was used to fund payroll.

Drope, inc. is Unanswered

PPP Loan Search / AR / PARAGOULD / Drope, inc.

DROPE, INC.

Date Approved

04/28/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DROPE, INC.

Borrower Address

185 Greene 748 Road

Borrower City

PARAGOULD

Borrower State

AR

Borrower Zip

72450-7839

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22500.00

Current Approval Amount

22500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79133

Servicing Lender Name

Southern Bank

Servicing Lender Address

2991 Oak Grove Rd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-8937

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PARAGOULD

Project County Name

GREENE

Project State

AR

Project Zip

72450-7839

CD

AR-01

Jobs Reported

7

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22500.00

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

Subchapter S Corporation

Originating Lender Location Id

79133

Originating Lender

Southern Bank

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22684.38

Forgiveness Date

02/19/2021

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