PPP Loan information for Dracor inc

$73,500

Dracor inc was initially approved for PPP Loan of amount $73,500, the current approved amount is $73,500. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 7 jobs and $73,500 was used to fund payroll.

Dracor inc is New Business or 2 years or less

PPP Loan Search / NC / DURHAM / Dracor inc

DRACOR INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DRACOR INC

Borrower Address

3643 HILLSBOROUGH RD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705-2903

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73500.00

Current Approval Amount

73500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27705-2903

CD

NC-04

Jobs Reported

7

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73500.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74138.34

Forgiveness Date

03/18/2021

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