PPP Loan information for Drake enterprises, inc.

$1,268,600

Drake enterprises, inc. was initially approved for PPP Loan of amount $1,268,600, the current approved amount is $1,268,600. The loan was approved on 04/09/2020 by The CIBC Bank USA reported 109 jobs and $1,268,600 was used to fund payroll.

Drake enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CLINTON TOWNSHIP / Drake enterprises, inc.

DRAKE ENTERPRISES, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DRAKE ENTERPRISES, INC.

Borrower Address

24800 CAPITAL BLVD

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48036-1351

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1268600.00

Current Approval Amount

1268600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48036-1351

CD

MI-10

Jobs Reported

109

NAICS Code

336350

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1268600.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1277949.41

Forgiveness Date

01/12/2021

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