PPP Loan information for Drc, inc

$176,000

Drc, inc was initially approved for PPP Loan of amount $176,000, the current approved amount is $176,000. The loan was approved on 04/06/2020 by The Montgomery Bank reported 35 jobs and $176,000 was used to fund payroll.

Drc, inc is Existing or more than 2 years old

DRC, INC

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

DRC, INC

Borrower Address

14787 MANCHESTER RD

Borrower City

BALLWIN

Borrower State

MO

Borrower Zip

63011-3705

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176000.00

Current Approval Amount

176000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BALLWIN

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63011-3705

CD

MO-02

Jobs Reported

35

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

176000.00

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

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

177168.44

Forgiveness Date

12/14/2020

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