PPP Loan information for Drum inc

$25,820

Drum inc was initially approved for PPP Loan of amount $25,820, the current approved amount is $25,820. The loan was approved on 04/28/2020 by The Sturdy Savings Bank reported 5 jobs and $25,820 was used to fund payroll.

Drum inc is Existing or more than 2 years old

DRUM INC

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DRUM INC

Borrower Address

405 S BEACH AVE

Borrower City

CAPE MAY

Borrower State

NJ

Borrower Zip

08204-1306

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25820.00

Current Approval Amount

25820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80115

Servicing Lender Name

Sturdy Savings Bank

Servicing Lender Address

9417 Third Ave

Servicing Lender City

STONE HARBOR

Servicing Lender State

NJ

Servicing Lender Zip

08247-1926

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAPE MAY

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-1306

CD

NJ-02

Jobs Reported

5

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25820.00

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

80115

Originating Lender

Sturdy Savings Bank

Originating Lender City

STONE HARBOR

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26090.39

Forgiveness Date

05/18/2021

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