PPP Loan information for Drip depot, inc

$159,965

Drip depot, inc was initially approved for PPP Loan of amount $159,965, the current approved amount is $159,965. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 30 jobs and $159,965 was used to fund payroll.

Drip depot, inc is New Business or 2 years or less

DRIP DEPOT, INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

DRIP DEPOT, INC

Borrower Address

200 INDUSTRIAL CIR

Borrower City

WHITE CITY

Borrower State

OR

Borrower Zip

97503-1042

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159965.00

Current Approval Amount

159965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WHITE CITY

Project County Name

JACKSON

Project State

OR

Project Zip

97503-1042

CD

OR-02

Jobs Reported

30

NAICS Code

424910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159965.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160762.63

Forgiveness Date

11/03/2020

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