PPP Loan information for Drm inc

$47,808

Drm inc was initially approved for PPP Loan of amount $47,808, the current approved amount is $47,808. The loan was approved on 04/06/2021 by The MVB Bank, Inc. reported 6 jobs and $47,808 was used to fund payroll.

Drm inc is Existing or more than 2 years old

DRM INC

Date Approved

04/06/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

DRM INC

Borrower Address

104 Station Place Way

Borrower City

Hurricane

Borrower State

WV

Borrower Zip

25526-8747

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47807.50

Current Approval Amount

47807.50

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

25526-8747

CD

WV-01

Jobs Reported

6

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

47805.50

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

48378.53

Forgiveness Date

06/13/2022

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