PPP Loan information for Drakes used cars llc

$44,800

Drakes used cars llc was initially approved for PPP Loan of amount $44,800, the current approved amount is $44,800. The loan was approved on 04/10/2020 by The United Bank reported 7 jobs and $44,800 was used to fund payroll.

Drakes used cars llc is Existing or more than 2 years old

DRAKES USED CARS LLC

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DRAKES USED CARS LLC

Borrower Address

311 West Main Street

Borrower City

GLENVILLE

Borrower State

WV

Borrower Zip

26351-1052

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44800.00

Current Approval Amount

44800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENVILLE

Project County Name

GILMER

Project State

WV

Project Zip

26351-1052

CD

WV-01

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

44800.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

45294.04

Forgiveness Date

05/27/2021

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