PPP Loan information for Droney marine construction inc

$52,836

Droney marine construction inc was initially approved for PPP Loan of amount $52,836, the current approved amount is $52,836. The loan was approved on 04/14/2020 by The The Farmers Bank of Willards reported 5 jobs and $52,836 was used to fund payroll.

Droney marine construction inc is Existing or more than 2 years old

DRONEY MARINE CONSTRUCTION INC

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

DRONEY MARINE CONSTRUCTION INC

Borrower Address

31322 Railway Rd

Borrower City

MILLVILLE

Borrower State

DE

Borrower Zip

19967-6962

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52836.00

Current Approval Amount

52836.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLVILLE

Project County Name

SUSSEX

Project State

DE

Project Zip

19967-6962

CD

DE-

Jobs Reported

5

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52836.00

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

Subchapter S Corporation

Originating Lender Location Id

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

53153.02

Forgiveness Date

11/25/2020

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