PPP Loan information for Drum-line inc.

$589,482

Drum-line inc. was initially approved for PPP Loan of amount $589,482, the current approved amount is $589,482. The loan was approved on 01/30/2021 by The The Farmers & Merchants Bank reported 40 jobs and $589,482 was used to fund payroll.

Drum-line inc. is Existing or more than 2 years old

PPP Loan Search / AR / Stuttgart / Drum-line inc.

DRUM-LINE INC.

Date Approved

01/30/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

DRUM-LINE INC.

Borrower Address

2114 S Main St

Borrower City

Stuttgart

Borrower State

AR

Borrower Zip

72160-6722

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

589482.00

Current Approval Amount

589482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stuttgart

Project County Name

ARKANSAS

Project State

AR

Project Zip

72160-6722

CD

AR-01

Jobs Reported

40

NAICS Code

322230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

589481.00

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

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

594666.21

Forgiveness Date

12/23/2021

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