PPP Loan information for Drake construction & development inc.
$215,000
Drake construction & development inc. was initially approved for PPP Loan of amount $215,000, the current approved amount is $215,000. The loan was approved on 03/31/2021 by The JPMorgan Chase Bank, National Association reported 13 jobs and $215,000 was used to fund payroll.
Drake construction & development inc. is Existing or more than 2 years old
DRAKE CONSTRUCTION & DEVELOPMENT INC.
Date Approved
03/31/2021
SBA Office Code
0914
Processing Method
PPS
Borrower Name
DRAKE CONSTRUCTION & DEVELOPMENT INC.
Borrower Address
13949 Ventura Blvd Ste 312
Borrower City
Sherman Oaks
Borrower State
CA
Borrower Zip
91423-5733
Loan Status Date
11/19/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
215000.00
Current Approval Amount
215000.00
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
Sherman Oaks
Project County Name
LOS ANGELES
Project State
CA
Project Zip
91423-5733
CD
CA-32
Jobs Reported
13
NAICS Code
236118
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
0.00
Payroll Proceed
214999.00
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
48270
Originating Lender
JPMorgan Chase Bank, National Association
Originating Lender City
COLUMBUS
Originating Lender State
OH
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
216188.11
Forgiveness Date
10/22/2021