PPP Loan information for Drake powersports llc

$197,375

Drake powersports llc was initially approved for PPP Loan of amount $197,375, the current approved amount is $197,375. The loan was approved on 04/27/2020 by The Origin Bank reported 17 jobs and $197,375 was used to fund payroll.

Drake powersports llc is Existing or more than 2 years old

DRAKE POWERSPORTS LLC

Date Approved

04/27/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

DRAKE POWERSPORTS LLC

Borrower Address

10039 HUFFMEISTER RD

Borrower City

Cypress

Borrower State

TX

Borrower Zip

77065-3901

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197375.00

Current Approval Amount

197375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cypress

Project County Name

HARRIS

Project State

TX

Project Zip

77065-3901

CD

TX-38

Jobs Reported

17

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197375.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199425.51

Forgiveness Date

05/17/2021

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