PPP Loan information for Druzak merchant development inc.

$268,459

Druzak merchant development inc. was initially approved for PPP Loan of amount $268,459, the current approved amount is $268,459. The loan was approved on 03/17/2021 by The Fulton Bank, National Association reported 32 jobs and $268,459 was used to fund payroll.

Druzak merchant development inc. is Existing or more than 2 years old

PPP Loan Search / PA / State College / Druzak merchant development inc.

DRUZAK MERCHANT DEVELOPMENT INC.

Date Approved

03/17/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

DRUZAK MERCHANT DEVELOPMENT INC.

Borrower Address

501 Benner Pike Null

Borrower City

State College

Borrower State

PA

Borrower Zip

16801-7309

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

268459.00

Current Approval Amount

268459.00

Undisbursed Amount

0.00

Franchise Name

Quaker Steak & Lube

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16801-7309

CD

PA-15

Jobs Reported

32

NAICS Code

721199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

268455.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

270143.30

Forgiveness Date

11/03/2021

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