PPP Loan information for Drs & associates inc.

$78,057

Drs & associates inc. was initially approved for PPP Loan of amount $78,057, the current approved amount is $78,057. The loan was approved on 04/27/2020 by The Farmers & Merchants Bank reported 8 jobs and $78,057 was used to fund payroll.

Drs & associates inc. is Existing or more than 2 years old

PPP Loan Search / MD / WESTMINSTER / Drs & associates inc.

DRS & ASSOCIATES INC.

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

DRS & ASSOCIATES INC.

Borrower Address

52 Winters St

Borrower City

WESTMINSTER

Borrower State

MD

Borrower Zip

21157

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78057.00

Current Approval Amount

78057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30550

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

15226 Hanover Pike

Servicing Lender City

UPPERCO

Servicing Lender State

MD

Servicing Lender Zip

21155-9749

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTMINSTER

Project County Name

CARROLL

Project State

MD

Project Zip

21157-0001

CD

MD-02

Jobs Reported

8

NAICS Code

541370

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

78057.00

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

30550

Originating Lender

Farmers & Merchants Bank

Originating Lender City

UPPERCO

Originating Lender State

MD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

78715.67

Forgiveness Date

03/08/2021

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