PPP Loan information for Drake ventures inc.

$50,808

Drake ventures inc. was initially approved for PPP Loan of amount $50,808, the current approved amount is $50,808. The loan was approved on 03/24/2021 by The Nantahala Bank & Trust Company reported 3 jobs and $50,808 was used to fund payroll.

Drake ventures inc. is Existing or more than 2 years old

PPP Loan Search / NC / Franklin / Drake ventures inc.

DRAKE VENTURES INC.

Date Approved

03/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DRAKE VENTURES INC.

Borrower Address

146 September Embers Dr

Borrower City

Franklin

Borrower State

NC

Borrower Zip

28734-7989

Loan Status Date

09/15/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

50808.00

Current Approval Amount

50808.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

398145

Servicing Lender Name

Nantahala Bank & Trust Company

Servicing Lender Address

120 Siler Rd

Servicing Lender City

FRANKLIN

Servicing Lender State

NC

Servicing Lender Zip

28734-1985

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Franklin

Project County Name

MACON

Project State

NC

Project Zip

28734-7989

CD

NC-11

Jobs Reported

3

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50805.00

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

398145

Originating Lender

Nantahala Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

7565.42

Forgiveness Date

02/08/2022

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