PPP Loan information for Drum handlers, inc.

$357,602

Drum handlers, inc. was initially approved for PPP Loan of amount $357,602, the current approved amount is $357,602. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 26 jobs and $357,602 was used to fund payroll.

Drum handlers, inc. is Existing or more than 2 years old

PPP Loan Search / MI / NOVI / Drum handlers, inc.

DRUM HANDLERS, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DRUM HANDLERS, INC.

Borrower Address

41216 VINCENTI CT

Borrower City

NOVI

Borrower State

MI

Borrower Zip

48375

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357602.00

Current Approval Amount

357602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-0200

CD

MI-06

Jobs Reported

26

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2426.00

Payroll Proceed

318850.00

Mortgage Interest Proceed

0.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23826.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361602.97

Forgiveness Date

06/17/2021

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