PPP Loan information for Drm transportation inc

$52,000

Drm transportation inc was initially approved for PPP Loan of amount $52,000, the current approved amount is $52,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $52,000 was used to fund payroll.

Drm transportation inc is New Business or 2 years or less

PPP Loan Search / NJ / MORGANVILLE / Drm transportation inc

DRM TRANSPORTATION INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DRM TRANSPORTATION INC

Borrower Address

440 INDIGO CT

Borrower City

MORGANVILLE

Borrower State

NJ

Borrower Zip

07751-1752

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52000.00

Current Approval Amount

52000.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MORGANVILLE

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07751-1752

CD

NJ-03

Jobs Reported

3

NAICS Code

488999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11442.56

Forgiveness Date

09/10/2021

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