PPP Loan information for Dramco tool co inc

$625,000

Dramco tool co inc was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 04/04/2020 by The Five Points Bank reported 47 jobs and $625,000 was used to fund payroll.

Dramco tool co inc is Existing or more than 2 years old

PPP Loan Search / NE / GRAND ISLAND / Dramco tool co inc

DRAMCO TOOL CO INC

Date Approved

04/04/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

DRAMCO TOOL CO INC

Borrower Address

502 CLAUDE RD

Borrower City

GRAND ISLAND

Borrower State

NE

Borrower Zip

68803-4932

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42205

Servicing Lender Name

Five Points Bank

Servicing Lender Address

2015 N Broadwell Ave

Servicing Lender City

GRAND ISLAND

Servicing Lender State

NE

Servicing Lender Zip

68803-2759

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND ISLAND

Project County Name

HALL

Project State

NE

Project Zip

68803-4932

CD

NE-03

Jobs Reported

47

NAICS Code

333511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

625000.00

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

Subchapter S Corporation

Originating Lender Location Id

42205

Originating Lender

Five Points Bank

Originating Lender City

GRAND ISLAND

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

630277.78

Forgiveness Date

02/09/2021

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