PPP Loan information for Drum corporation

$1,492,500

Drum corporation was initially approved for PPP Loan of amount $1,492,500, the current approved amount is $1,492,500. The loan was approved on 04/06/2020 by The Heritage Bank, National Association reported 120 jobs and $1,492,500 was used to fund payroll.

Drum corporation is Existing or more than 2 years old

PPP Loan Search / SD / SIOUX FALLS / Drum corporation

DRUM CORPORATION

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

DRUM CORPORATION

Borrower Address

4904 WEST 12TH

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57107

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1492500.00

Current Approval Amount

1492500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39042

Servicing Lender Name

Heritage Bank, National Association

Servicing Lender Address

110 South St West

Servicing Lender City

SPICER

Servicing Lender State

MN

Servicing Lender Zip

56288-4600

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57107-0100

CD

SD-

Jobs Reported

120

NAICS Code

423860

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1492500.00

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

39042

Originating Lender

Heritage Bank, National Association

Originating Lender City

SPICER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1501659.45

Forgiveness Date

11/30/2020

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