PPP Loan information for Drake construction inc

$38,632

Drake construction inc was initially approved for PPP Loan of amount $38,632, the current approved amount is $38,632. The loan was approved on 04/30/2021 by The Wells Fargo Bank, National Association reported 4 jobs and $38,632 was used to fund payroll.

Drake construction inc is Existing or more than 2 years old

PPP Loan Search / MN / Maple Grove / Drake construction inc

DRAKE CONSTRUCTION INC

Date Approved

04/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DRAKE CONSTRUCTION INC

Borrower Address

18130 Territorial Rd

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-9293

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38632.00

Current Approval Amount

38632.00

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

55369-9293

CD

MN-03

Jobs Reported

4

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38632.00

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

38839.45

Forgiveness Date

11/17/2021

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