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 04/07/2020 by The Perennial Bank reported 5 jobs and $41,000 was used to fund payroll.

Drc, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / Drc, inc.

DRC, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRC, INC.

Borrower Address

4880 CLEAR SPRING RD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-3307

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

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

5

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

33000.00

Mortgage Interest Proceed

2000.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

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

41260.60

Forgiveness Date

12/03/2020

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