PPP Loan information for W.r. drake company llc

$230,057

W.r. drake company llc was initially approved for PPP Loan of amount $230,057, the current approved amount is $230,057. The loan was approved on 02/04/2021 by The Mountain Valley Bank, National Association reported 11 jobs and $230,057 was used to fund payroll.

W.r. drake company llc is Existing or more than 2 years old

W.R. DRAKE COMPANY LLC

Date Approved

02/04/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

W.R. DRAKE COMPANY LLC

Borrower Address

1419 W Pike St

Borrower City

Clarksburg

Borrower State

WV

Borrower Zip

26301-2377

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230057.00

Current Approval Amount

230057.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75317

Servicing Lender Name

Mountain Valley Bank, National Association

Servicing Lender Address

317 Davis Ave

Servicing Lender City

ELKINS

Servicing Lender State

WV

Servicing Lender Zip

26241-3846

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarksburg

Project County Name

HARRISON

Project State

WV

Project Zip

26301-2377

CD

WV-02

Jobs Reported

11

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

230052.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

75317

Originating Lender

Mountain Valley Bank, National Association

Originating Lender City

ELKINS

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232313.45

Forgiveness Date

02/02/2022

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