PPP Loan information for The drake llc

$68,000

The drake llc was initially approved for PPP Loan of amount $68,000, the current approved amount is $68,000. The loan was approved on 04/14/2020 by The MidWestOne Bank reported 32 jobs and $68,000 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

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE DRAKE LLC

Borrower Address

400 North Main Street PO Box 965

Borrower City

BURLINGTON

Borrower State

IA

Borrower Zip

52601

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68000.00

Current Approval Amount

68000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

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

52601-0001

CD

IA-01

Jobs Reported

32

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4250.00

Payroll Proceed

51000.00

Mortgage Interest Proceed

4250.00

Rent Proceed

4250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4250.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68666.78

Forgiveness Date

04/06/2021

;