PPP Loan information for The drake llc

$80,975

The drake llc was initially approved for PPP Loan of amount $80,975, the current approved amount is $80,975. The loan was approved on 02/18/2021 by The Farmers & Merchants Bank & Trust reported 32 jobs and $80,975 was used to fund payroll.

The drake llc is Existing or more than 2 years old

PPP Loan Search / IA / Burlington / The drake llc

THE DRAKE LLC

Date Approved

02/18/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

THE DRAKE LLC

Borrower Address

106 Washington St

Borrower City

Burlington

Borrower State

IA

Borrower Zip

52601-5230

Loan Status Date

04/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80975.16

Current Approval Amount

80975.16

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24636

Servicing Lender Name

Farmers & Merchants Bank & Trust

Servicing Lender Address

221 Jefferson St

Servicing Lender City

BURLINGTON

Servicing Lender State

IA

Servicing Lender Zip

52601-5213

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

DES MOINES

Project State

IA

Project Zip

52601-5230

CD

IA-01

Jobs Reported

32

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

80972.16

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

Limited Liability Company(LLC)

Originating Lender Location Id

24636

Originating Lender

Farmers & Merchants Bank & Trust

Originating Lender City

BURLINGTON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81393.53

Forgiveness Date

09/01/2021

;