PPP Loan information for Drasco llc

$614,600

Drasco llc was initially approved for PPP Loan of amount $614,600, the current approved amount is $614,600. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 53 jobs and $614,600 was used to fund payroll.

Drasco llc is Existing or more than 2 years old

DRASCO LLC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DRASCO LLC

Borrower Address

407R Mystic Ave suite 34c

Borrower City

Medford

Borrower State

MA

Borrower Zip

02180

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

614600.00

Current Approval Amount

614600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Medford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180-0001

CD

MA-05

Jobs Reported

53

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

614600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

619550.48

Forgiveness Date

02/23/2021

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