PPP Loan information for Drells inc

$135,000

Drells inc was initially approved for PPP Loan of amount $140,500, the current approved amount is $135,000. The loan was approved on 04/14/2020 by The Customers Bank reported 39 jobs and $135,000 was used to fund payroll.

Drells inc is Existing or more than 2 years old

DRELLS INC

Date Approved

04/14/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

DRELLS INC

Borrower Address

5209 4th Street Northwest

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87107

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140500.00

Current Approval Amount

135000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

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

87107-0001

CD

NM-01

Jobs Reported

39

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

136091.10

Forgiveness Date

03/01/2021

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