PPP Loan information for Draeving machine tool inc

$141,603

Draeving machine tool inc was initially approved for PPP Loan of amount $141,603, the current approved amount is $141,603. The loan was approved on 04/29/2020 by The The First National Bank and Trust Company reported 15 jobs and $141,603 was used to fund payroll.

Draeving machine tool inc is Existing or more than 2 years old

PPP Loan Search / WI / BELOIT / Draeving machine tool inc

DRAEVING MACHINE TOOL INC

Date Approved

04/29/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DRAEVING MACHINE TOOL INC

Borrower Address

2710 PRAIRIE AVE

Borrower City

BELOIT

Borrower State

WI

Borrower Zip

53511

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141603.00

Current Approval Amount

141603.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75631

Servicing Lender Name

The First National Bank and Trust Company

Servicing Lender Address

345 E Grand Ave

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6226

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELOIT

Project County Name

ROCK

Project State

WI

Project Zip

53511-1400

CD

WI-02

Jobs Reported

15

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141603.00

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

75631

Originating Lender

The First National Bank and Trust Company

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

142621.75

Forgiveness Date

01/28/2021

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