PPP Loan information for Drewco corporation

$400,000

Drewco corporation was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/07/2020 by The Johnson Bank reported 26 jobs and $400,000 was used to fund payroll.

Drewco corporation is Existing or more than 2 years old

DREWCO CORPORATION

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

DREWCO CORPORATION

Borrower Address

3745 NICHOLSON RD

Borrower City

FRANKSVILLE

Borrower State

WI

Borrower Zip

53126-9406

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRANKSVILLE

Project County Name

RACINE

Project State

WI

Project Zip

53126-9406

CD

WI-01

Jobs Reported

26

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

403375.34

Forgiveness Date

02/17/2021

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