PPP Loan information for Drake & associates llc

$47,700

Drake & associates llc was initially approved for PPP Loan of amount $47,700, the current approved amount is $47,700. The loan was approved on 04/14/2020 by The Peoples Bank of Alabama reported 12 jobs and $47,700 was used to fund payroll.

Drake & associates llc is New Business or 2 years or less

PPP Loan Search / AL / CULLMAN / Drake & associates llc

DRAKE & ASSOCIATES LLC

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DRAKE & ASSOCIATES LLC

Borrower Address

18689 US 31

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35058

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47700.00

Current Approval Amount

47700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CULLMAN

Project County Name

CULLMAN

Project State

AL

Project Zip

35058-0100

CD

AL-04

Jobs Reported

12

NAICS Code

541110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

47700.00

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38959.07

Forgiveness Date

12/15/2020

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