PPP Loan information for Drake diner llc

$376,344

Drake diner llc was initially approved for PPP Loan of amount $376,344, the current approved amount is $376,344. The loan was approved on 01/21/2021 by The Lincoln Savings Bank reported 19 jobs and $376,344 was used to fund payroll.

Drake diner llc is Existing or more than 2 years old

DRAKE DINER LLC

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

DRAKE DINER LLC

Borrower Address

415 28th St

Borrower City

Des Moines

Borrower State

IA

Borrower Zip

50312-4405

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

376343.52

Current Approval Amount

376343.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Des Moines

Project County Name

POLK

Project State

IA

Project Zip

50312-4405

CD

IA-03

Jobs Reported

19

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

376338.52

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

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

378426.30

Forgiveness Date

08/17/2021

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