PPP Loan information for Drake construction

$38,856

Drake construction was initially approved for PPP Loan of amount $38,856, the current approved amount is $38,856. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $38,856 was used to fund payroll.

Drake construction is Existing or more than 2 years old

PPP Loan Search / MN / MAPLE GROVE / Drake construction

DRAKE CONSTRUCTION

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRAKE CONSTRUCTION

Borrower Address

18130 TERRITORIAL ROAD

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38856.00

Current Approval Amount

38856.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-0001

CD

MN-03

Jobs Reported

4

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38856.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39198.78

Forgiveness Date

03/25/2021

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