PPP Loan information for Drone racing league, inc.

$1,856,050

Drone racing league, inc. was initially approved for PPP Loan of amount $1,856,050, the current approved amount is $1,856,050. The loan was approved on 05/05/2020 by The Celtic Bank Corporation reported 89 jobs and $1,856,050 was used to fund payroll.

Drone racing league, inc. is Existing or more than 2 years old

PPP Loan Search / NY / New York / Drone racing league, inc.

DRONE RACING LEAGUE, INC.

Date Approved

05/05/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

DRONE RACING LEAGUE, INC.

Borrower Address

40 West 27th Street

Borrower City

New York

Borrower State

NY

Borrower Zip

10001

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1856050.00

Current Approval Amount

1856050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10001-0001

CD

NY-12

Jobs Reported

89

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

232006.25

Payroll Proceed

1392037.50

Mortgage Interest Proceed

0.00

Rent Proceed

232006.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1883356.82

Forgiveness Date

10/26/2021

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