PPP Loan information for Drake services, inc

$155,986

Drake services, inc was initially approved for PPP Loan of amount $155,986, the current approved amount is $155,986. The loan was approved on 04/27/2020 by The Community Financial Services Bank reported 21 jobs and $155,986 was used to fund payroll.

Drake services, inc is Existing or more than 2 years old

PPP Loan Search / KY / MURRAY / Drake services, inc

DRAKE SERVICES, INC

Date Approved

04/27/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

DRAKE SERVICES, INC

Borrower Address

411 N. 4th Street

Borrower City

MURRAY

Borrower State

KY

Borrower Zip

42071-2003

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

155985.95

Current Approval Amount

155985.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26808

Servicing Lender Name

Community Financial Services Bank

Servicing Lender Address

221 W 5th St

Servicing Lender City

BENTON

Servicing Lender State

KY

Servicing Lender Zip

42025-1135

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MURRAY

Project County Name

CALLOWAY

Project State

KY

Project Zip

42071-2003

CD

KY-01

Jobs Reported

21

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19498.24

Payroll Proceed

116989.46

Mortgage Interest Proceed

19498.25

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

26808

Originating Lender

Community Financial Services Bank

Originating Lender City

BENTON

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

157391.96

Forgiveness Date

03/25/2021

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