PPP Loan information for Drm, inc.

$42,567

Drm, inc. was initially approved for PPP Loan of amount $42,567, the current approved amount is $42,567. The loan was approved on 04/28/2020 by The MVB Bank, Inc. reported 5 jobs and $42,567 was used to fund payroll.

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

PPP Loan Search / WV / HURRICANE / Drm, inc.

DRM, INC.

Date Approved

04/28/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

DRM, INC.

Borrower Address

104 Station Place Way

Borrower City

HURRICANE

Borrower State

WV

Borrower Zip

25526

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42567.00

Current Approval Amount

42567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123130

Servicing Lender Name

MVB Bank, Inc.

Servicing Lender Address

301 Virginia Ave

Servicing Lender City

FAIRMONT

Servicing Lender State

WV

Servicing Lender Zip

26554-2777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HURRICANE

Project County Name

PUTNAM

Project State

WV

Project Zip

25526-0001

CD

WV-01

Jobs Reported

5

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42567.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123130

Originating Lender

MVB Bank, Inc.

Originating Lender City

FAIRMONT

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42905.17

Forgiveness Date

02/12/2021

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