PPP Loan information for Drake automotive group, llc

$2,080,050

Drake automotive group, llc was initially approved for PPP Loan of amount $2,080,050, the current approved amount is $2,080,050. The loan was approved on 04/14/2020 by The JPMorgan Chase Bank, National Association reported 157 jobs and $2,080,050 was used to fund payroll.

Drake automotive group, llc is Existing or more than 2 years old

PPP Loan Search / NV / Henderson / Drake automotive group, llc

DRAKE AUTOMOTIVE GROUP, LLC

Date Approved

04/14/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

DRAKE AUTOMOTIVE GROUP, LLC

Borrower Address

130 Cassia Way 0.0

Borrower City

Henderson

Borrower State

NV

Borrower Zip

89014-6408

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2080050.00

Current Approval Amount

2080050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Henderson

Project County Name

CLARK

Project State

NV

Project Zip

89014-6408

CD

NV-01

Jobs Reported

157

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

1657567.00

Mortgage Interest Proceed

0.00

Rent Proceed

250000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

122483.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2103945.15

Forgiveness Date

06/11/2021

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