PPP Loan information for Drc inc.

$41,000

Drc inc. was initially approved for PPP Loan of amount $41,000, the current approved amount is $41,000. The loan was approved on 02/03/2021 by The Perennial Bank reported 4 jobs and $41,000 was used to fund payroll.

Drc inc. is Existing or more than 2 years old

DRC INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DRC INC.

Borrower Address

4880 Clear Spring Rd

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55345-3307

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41000.00

Current Approval Amount

41000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36767

Servicing Lender Name

Perennial Bank

Servicing Lender Address

318 N 1st St

Servicing Lender City

DARWIN

Servicing Lender State

MN

Servicing Lender Zip

55324

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minnetonka

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-3307

CD

MN-03

Jobs Reported

4

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40998.00

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

36767

Originating Lender

Perennial Bank

Originating Lender City

DARWIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41252.74

Forgiveness Date

09/22/2021

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