PPP Loan information for Drake's collision, inc.

$125,649

Drake's collision, inc. was initially approved for PPP Loan of amount $125,649, the current approved amount is $125,649. The loan was approved on 01/22/2021 by The Independent Bank reported 15 jobs and $125,649 was used to fund payroll.

Drake's collision, inc. is Existing or more than 2 years old

DRAKE'S COLLISION, INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DRAKE'S COLLISION, INC.

Borrower Address

23235 Telegraph Rd

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48033-4127

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125649.00

Current Approval Amount

125649.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-4127

CD

MI-12

Jobs Reported

15

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

125646.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126606.00

Forgiveness Date

11/09/2021

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