PPP Loan information for Drb electric inc

$234,200

Drb electric inc was initially approved for PPP Loan of amount $234,200, the current approved amount is $234,200. The loan was approved on 04/10/2020 by The Nusenda FCU reported 19 jobs and $234,200 was used to fund payroll.

Drb electric inc is Existing or more than 2 years old

PPP Loan Search / NM / Albuquerque / Drb electric inc

DRB ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

DRB ELECTRIC INC

Borrower Address

3601 2nd St SW

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87105-0328

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

234200.00

Current Approval Amount

234200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

101094

Servicing Lender Name

Nusenda FCU

Servicing Lender Address

4100 Pan American Frwy

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87107-4752

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87105-0328

CD

NM-02

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

234200.00

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

101094

Originating Lender

Nusenda FCU

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237408.22

Forgiveness Date

09/01/2021

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