PPP Loan information for Drn enterprises, inc.

$981,900

Drn enterprises, inc. was initially approved for PPP Loan of amount $1,112,100, the current approved amount is $981,900. The loan was approved on 04/03/2020 by The Park State Bank reported 64 jobs and $981,900 was used to fund payroll.

Drn enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MN / DULUTH / Drn enterprises, inc.

DRN ENTERPRISES, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DRN ENTERPRISES, INC.

Borrower Address

205 2ND ST

Borrower City

DULUTH

Borrower State

MN

Borrower Zip

55802-1928

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1112100.00

Current Approval Amount

981900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DULUTH

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-1928

CD

MN-08

Jobs Reported

64

NAICS Code

238290

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

196380.00

Payroll Proceed

785520.00

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

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

977380.44

Forgiveness Date

11/03/2020

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