PPP Loan information for Dramon foundation inc

$67,500

Dramon foundation inc was initially approved for PPP Loan of amount $67,500, the current approved amount is $67,500. The loan was approved on 03/24/2021 by The MBE Capital Partners reported 4 jobs and $67,500 was used to fund payroll.

Dramon foundation inc is Existing or more than 2 years old

DRAMON FOUNDATION INC

Date Approved

03/24/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

DRAMON FOUNDATION INC

Borrower Address

475 S Weber Rd

Borrower City

Bolingbrook

Borrower State

IL

Borrower Zip

60490-5504

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67500.00

Current Approval Amount

67500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bolingbrook

Project County Name

WILL

Project State

IL

Project Zip

60490-5504

CD

IL-11

Jobs Reported

4

NAICS Code

541611

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

67500.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67815.00

Forgiveness Date

09/15/2021

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