PPP Loan information for Drac p.t inc

$274,808

Drac p.t inc was initially approved for PPP Loan of amount $321,579, the current approved amount is $274,808. The loan was approved on 04/06/2020 by The Eastern Bank reported 22 jobs and $274,808 was used to fund payroll.

Drac p.t inc is Existing or more than 2 years old

DRAC P.T INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRAC P.T INC

Borrower Address

200 Providence highway

Borrower City

DEDHAM

Borrower State

MA

Borrower Zip

02026-1809

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321578.60

Current Approval Amount

274807.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEDHAM

Project County Name

NORFOLK

Project State

MA

Project Zip

02026-1809

CD

MA-08

Jobs Reported

22

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

274807.77

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

277174.17

Forgiveness Date

02/19/2021

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